Time to seriously worry about falling exports and rising deficit: Mythili Bhusnurmath
“At a time when inflation is already very high, a widening trade deficit and widening current account deficit means a weaker rupee and further pressure on inflation. The bigger worry from a weakening rupee is what it means in terms of imported inflation and overall inflation. I would not relax our guard on the external front; in fact, I would start to worry very seriously about it.”
