India in a much better position to handle taper now than 2013: D Subbarao - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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India in a much better position to handle taper now than 2013: D Subbarao

Besides a much better current account and fiscal deficit position now, the country has a stronger armoury of forex reserves to tackle volatility in the event of dollar outflows. Also, the central bank may not need any monetary policy tool if US normalises liquidity as outflows could be handled through currency market interventions.

from Stocks-Markets-Economic Times
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