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NEWSFLASH : Gujarat Cadre IAS Tapan Ray Appointed As Secretary, Economic Affairs

Rupee At Very Competitive Level: Peter Elston

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October 8: Peter Elston, Head of Asia-Pacific Strategy and Asset Allocation at Aberdeen Asset Management Asia, says the Indian currency is at a very competitive level, making Indian exporters much more competitive. We will see the CAD decreasing because of the low exchange rate, he says, adding that he expects the economic picture to improve going forward.