Nomura fears risk from short-term debt rollover

Sep 03 2013, 08:21 IST
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SummaryThe rollover of India's short-term debt could prove to be an additional risk to India's balance of payments, says brokerage house Nomura in a report on external financing challenges faced by economies like India and Indonesia.

government and the Reserve Bank of India have announced a slew of measures over the last few months to control the fall in rupee, with barely any results. Nomura says that they will now have very few options at hand, going ahead.

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