Funding C.A.D A Major Task: Kotak AMC
  • Ekta Tibrewal
  • Sep 04 2013

September 4: Kotak AMC’s Alroy Lobo says the rupee is overdone; it should be trading in the range of 60-65 per dollar going ahead. “We have structural issues in the current account, but some of the causes of high C.A.D are self-correcting,” he says, adding that it seems the C.A.D can be contained. “We need external non debt funding to aid C.A.D, which will be a function of growth,” he adds.