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Rupee not to impact India's rating outlook: Moody's

  • 14:40
  • Published On: August 20, 2013
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The international rating agency has said the bleeding rupee, the twin deficits and weaker growth are already factored in India's current sovereign rating of 'Baa3', and thus do not hit the country's already-weak fundamentals. The sovereign rating incorporates the macroeconomic challenges of weaker growth, the steep plunge of the rupee and the twin deficits.
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