Near-term growth prospects remain favourable in India, says IMF
The International Monetary Fund said on Thursday that external vulnerabilities for India have decreased but some macroeconomic imbalances remain.
Lalit K Jha
Washington Last Updated: September 3, 2015 | 07:47 IST
IMF said emerging market currencies have generally depreciated, reflecting weakening commodity prices, concerns about the growth transition in China, an increase in risk aversion and expectations of a lift-off in policy rates in the US. (Photo: Reuters)