India: Economy grew 4.5% in Q2 vs. 4.7% expected

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The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 growth recorded in the first quarter and fell short of the market expectation of 4.7%. 

Further details of the report showed that the manufacturing sector and the farming sector grew by 1% and 2.1%, respectively, in the same period.

The USD/INR pair largely ignored this data and was last seen trading at 71.7000, adding 0.28% on a daily basis.