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This is an archive article published on April 6, 2009

Capital flows to be lower in FY10: RBI

The RBI governor said he expects country's current account deficit to widen in fiscal 2009/10.

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The Reserve Bank of India governor said on Monday he expects the country’s current account deficit to widen in fiscal 2009/10,which started on April 1.

Capital flows are expected to be lower than last year,Reserve Bank of India Governor Duvvuri Subbarao said at a business conference.

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