No improvement seen on India's currency, current account deficit front: Leif Eskesen
Leif Eskesen, chief economist for India and ASEAN at HSBC Global Research, tells NDTV Profit that it is unlikely that the Reserve Bank of India's currency stabilisation measures will be rolled back anytime soon. He feels that the measures may stay put for the most part of this calendar year, with a possibility that further measures may need to be brought in. He also says he expects India's current account deficit for FY14 to be at $75-80 billion.
