Tuesday, November 18, 2008

Economy Chidambaram Added The Country Export - Nov 18, 2008

Finance Minister P Chidambaram today said the government will take steps to stimulate the domestic economy to compensate for the downside caused by the downturn in the world economy. Chidambaram added the country could miss its annual export target of $200 billion for this fiscal year as the slowdown in developed nations trims overseas demand. He said the rupee will strengthen again once capital starts flowing in.

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