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India faces sovereign rating downgrade threat: Marc Faber

  • 13:47
  • Published On: August 26, 2013
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Marc Faber, editor and publisher of 'The Gloom, Boom and Doom' report, says he fears that India faces a real threat of a sovereign downgrade given the worsening macro environment accentuated by a weakening rupee. He, however, says the current situation should not be equated to the 1997-98 Asian financial crisis.
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