Reuters: Money News: PM econ adviser: Drawdown on foreign reserves to fund CAD

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PM econ adviser: Drawdown on foreign reserves to fund CAD Sep 13th 2013, 06:17 NEW DELHI (Reuters) - The economic adviser to Prime Minister said on Friday there will be a drawdown on foreign exchange reserves to fund a wide current account deficit, but forecast the deficit could narrow to below $70 billion this fiscal year.

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