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The Finance Ministry has said that short-term increase or decrease in the current account deficit should not be a reason for optimism or pessimism.
Markets have been over reacting as was the case of current account deficit last year, a Finance Ministry official said.
This statement came after the current account deficit for the fourth quarter of 2012-13 has been estimated at 3.6 per cent and 4.8 per cent for 2012-13.
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