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BofA-ML cuts India's FY14 GDP forecast to 5.5%

Bank of America-Merrill Lynch (BofA ML) has lowered its India gross domestic product (GDP) estimate for FY14 to 5.5 percent versus a 5.8 percent earlier, after the central bank announced a slew of measures to curb rupee liquidity.

first published: Jul 16, 2013 12:21 pm

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