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  • rbi pegs cad at usd 56 bn says no reason for rupee decline

    RBI pegs CAD at USD 56 bn, says no reason for rupee decline

    November 13, 2013 22:35 IST

    Mumbai: Seeking to reassure investors, RBI Governor Raghuram Rajan Wednesday said there is no fundamental reason for rupee to fall again, and pegged the current account deficit for 2013-14 at USD 56 billion, much lower