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CAD Expected At 4.3%-4.5%

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Abheek Barua, Chief Economist, and Senior VP, HDFC Bank expects the country’s Current Account Deficit between 4.3%-4.5% this year, compared to 5% last year. However, this does not change the fact that it is still abnormally large and above the comfort levels suggested by the RBI. Tune in to this segment of In Business to know whether the worst is finally over for the current account deficit.