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UBS Securities India

On Indian economy, UBS flags external vulnerability, says indicators 'stretched'

On Indian economy, UBS flags external vulnerability, says indicators 'stretched'

Tue, Mar 20, 2018

According to UBS, India's CAD doubled from 0.7 per cent of GDP in 2016-17 to 1.4 per cent in 2017-18 and the widening of CAD is likely to continue in the next financial year as well "albeit at a slower pace". UBS expects CAD at 1.8 per cent in 2018-19.

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