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View Full Version : India’s Rupee Rises as Asian Stock Gains May Temper Outflows - Bloomberg



NewsWhore
02-19-2009, 01:01 AM
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India’s Rupee Rises as Asian Stock Gains May Temper Outflows (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da6HtLm5K_zUU%26refer%3Dindia&cid=1305140286&ei=EPacSeC1M4TFmQey7sSHDw&usg=AFQjCNHNhrGORgELyO0mzHJ7zrkp6wFs6g)
Bloomberg
The currency rose from a two-month low as the MSCI Asia Pacific Index advanced 0.8 percent. Overseas forward contracts showed traders pared bets for further losses in the rupee. Funds based abroad have sold more than $1 billion in Indian equities this ...


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