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External Shocks Can Create Problems: Partha Bhattacharyya

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December 26: CAD still vulnerable and can quickly return to dangerous levels, says Partha Bhattacharyya, Independent currency expert. Talking about the impact of the Fed, global issues on the rupee, he says the external shocks can create problems but some positivity has returned. He warns against expecting a big rush of FIIs to India, saying that it is not going to be a simple process.