Where Is The Rupee Headed?
  • Gaurav Sarkar
  • Jun 24 2013

Abheek Barua, Chief Economist and Senior VP, HDFC Bank states that although the CAD is comparatively smaller than last year due to lower commodity prices and gold imports. However, this does not change the fact that the deficit is still large. He further describes how large-scale selling of Indian equities could affect the CAD in a bad manner, in this segment of In Business.