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“Pace Of QE Withdrawal Is Vital”

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August 23: Finance Minister P. Chidambaram has tried to talk down the panic in the currency market. With the rupee down over 7.5% in the last month and no measures helping, the government has resorted to its newest tactic- open communication. But will this work? Bloomberg TV India speaks to Indranil Pan, Chief Economist, Kotak Mahindra Bank about the same.