Expectations Of 6% Growth Is Not That Bad: Edelweiss (2/2)
  • Gaurav Sarkar
  • May 07 2013

In an exclusive conversation with Bloomberg TV India, Edelweiss Group Chairman and CEO Rashesh Shah said that markets’ optimism may or may not be true. About $6-8 bn is required to satisfy the current account gap and the rupee will continue to be vulnerable as long as the CAD is high, he said. “And $6-8 bn is too high a dependency to be comfortable,” he said.