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US credit downgrade: Implications for India?

PUBLISHED ON: August 8, 2011 | Duration: 4 min, 29 sec

   
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Takahiro Ogawa, S&P sovereign ratings director, says the downgrade in U.S. government's credit rating does not have any immediate implication for the Asia-Pacific markets. In the longer run, it will depend on the future growth of world economy like whether there is a double-dip scenario or not.
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