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Overcoming Crisis Of Confidence: Abhay Laijawala

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September 12: Global investor sentiment has been beaten down by Fed tapering talk, forcing them to recalibrate opinion on emerging markets with large current account deficits, says Abhay Laijawala of Deutsche Equities India. “There was a crisis of confidence when the rupee was in throes of volatility,” he says, adding that this is beginning to change due to some reasonable credibility imparted on CAD financing.