Reuters: Money News: Current account gap hits record high in Sept quarter

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Current account gap hits record high in Sept quarter Dec 31st 2012, 13:47 MUMBAI (Reuters) - India's current account deficit widened to a record high of 5.4 percent of GDP in the September quarter as export growth slowed more sharply than imports, with a similar gap expected in the December quarter likely to prolong weakness in the rupee.

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