India’s Economic Adviser: Coronavirus outbreak will not have much impact on next fiscal's economic growth

Dhwani Mehta FXStreet

Amid growing concerns over the global economic fallout from the coronavirus outbreak, India’s Chief Economic Advisor (CEA) Krishnamurthy Subramanian said on Thursday, the outbreak will not have much impact on the next fiscal's economic growth.

Key quotes:

India can achieve 6 per cent Gross Domestic Product (GDP) growth in FY21.

India may take some more time to reach 7% growth.

Sees an opportunity in expanding exports.

USD/INR Price Analysis: 10-day SMA restricts immediate downside

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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