Ministry of Finance, in a statement, said: "All options [including bonds] are on the table and can be seen from time to time." He did not say how long the decision can be taken.
The deficit on the current account in India has increased compared to last year due to an increase in gold imports, even if exports slowed due to weak demand in the United States and Europe. The deficit was 4.8% of gross domestic product for the year ended March 31 is much greater than the level of 2.5%, which officials say is acceptable.
Wide shortage hurts rupee, which has fallen about 10% since the beginning of May, when the fear earlier than expected, shrinking liquidity easing measures by the Federal Reserve led to a sell-off in emerging markets. The Indian government is not keen to problems such as these can lead to the growth of foreign debt and interest expense. Identify Instead, he tried to focus on deepening the domestic markets to meet their capital. However, the sharp decline in the rupee to the urgency of the measures to attract foreign capital and help support the weakening currency added.
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