Current account deficits (Forex in the country come and go out of the gap) to the Reserve Bank of India (RBI Chair Professor at the) kind of ultimatum to the Government's current fiscal year. first quarter monetary policy review by RBI Chair Professor at the Governor. Subbarao said that if this is not found immediately on the control so it can hurt the deep foundation of the economy.
The Government's alert hard RBI Chair Professor at the link and become known. by the way on behalf of the Central Government it has been assured that the current account deficit and its attempts to reduce the Finance Ministry's Chief economic advisors. According to raghuram Rajan of the deficit until next week and to take steps to encourage and ismenniryat. import option to overcome. They attract foreign direct investment to make the existing rules more liberal too.
The Reserve Bank believes that the current account deficit of volatility is affected due to crude oil and weak bucks. other more dollars to spend on imports. the double bearing. foreign exchange reserves are too low and the domestic level da wind. that is why the Central Bank despite the atrocious economic slowness to reduce interest rates.
The current account deficit during the last fiscal year, the level of gross domestic product (GDP) compared to 4.8 phisad. Government within the next three years minus 3.5 phisad wants to bring on. but economists more than 2.5 phisad of deficit is considered to be the alarm bell for the economy. RBI Chair Professor at the today current account deficit up to three consecutive years of more than 2.5 phisad live dangerous. If Government It does not bring down the rating agencies also slashed the country's credibility.
The Government's alert hard RBI Chair Professor at the link and become known. by the way on behalf of the Central Government it has been assured that the current account deficit and its attempts to reduce the Finance Ministry's Chief economic advisors. According to raghuram Rajan of the deficit until next week and to take steps to encourage and ismenniryat. import option to overcome. They attract foreign direct investment to make the existing rules more liberal too.
The Reserve Bank believes that the current account deficit of volatility is affected due to crude oil and weak bucks. other more dollars to spend on imports. the double bearing. foreign exchange reserves are too low and the domestic level da wind. that is why the Central Bank despite the atrocious economic slowness to reduce interest rates.
The current account deficit during the last fiscal year, the level of gross domestic product (GDP) compared to 4.8 phisad. Government within the next three years minus 3.5 phisad wants to bring on. but economists more than 2.5 phisad of deficit is considered to be the alarm bell for the economy. RBI Chair Professor at the today current account deficit up to three consecutive years of more than 2.5 phisad live dangerous. If Government It does not bring down the rating agencies also slashed the country's credibility.
