"Oil PSUs can raise USD 4 billion through ECBs", Chidambaram said.
He further said that the interest rate on FCNR deposits is being de-regulated. Moreover, IRFC, PFC, IIFCL will together raise USD 4 Billion as quasi-sovereign bonds.
On Indian rupee fall, Chidambaram said, If we can contain CAD, sentiments in currency market and rupee will significantly improve.
Chidambaram assured that the import of gold will come down to 850 tonnes in current fiscal from 950 tonnes in 2012-13.