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    <title>US$ 36.7 Billion Capital Flows during April-Sep 2010 Foreign Exchange Reserves of US$ 299.2 Billion till Jan 2011 Provide Safety &amp; Liquidity</title>
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    <description>Net capital flows increased in April-September 2010 mainly due to portfolio investment, while FDI and banking capital moderated; reserve accretion was limited by a widening current account deficit driven by strong import demand. The government&#039;s external debt management emphasizes concessional long term sovereign borrowing, regulation of external commercial borrowings through end use and all in cost restrictions, rationalizing NRI deposit interest, and monitoring short and long term debt, noting a dominance of long term borrowings and risks from volatile portfolio flows and slower FDI.</description>
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