India's central bank lowers expectations

05/2/2013 | Wall Street Journal, The · Economic Times (India), The

Perhaps tamping down expectations ahead of an anticipated rate cut, India's central bank said Thursday that there is "very limited" scope for further monetary easing. Separately, the bank said the country's current-account deficit for the fiscal year ended in March will be about 5% of gross domestic product.

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Wall Street Journal, The · Economic Times (India), The

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