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View Full Version : Indian Rupee to Fall to Record on Deficits, Morgan Stanley Says - Bloomberg



NewsWhore
02-20-2009, 02:30 AM
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Indian Rupee to Fall to Record on Deficits, Morgan Stanley Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da8JWeD71B21M%26refer%3Dindia&cid=1305140286&ei=dlyeSdKJAt3EmQeBhoj8Dg&usg=AFQjCNGsXlY66OriBeNVXl1oC2zB5gKx2Q)
Bloomberg
The currency, which is down 2.5 percent this year, will weaken as foreign investors become more risk averse due to the global financial turmoil, Stewart Newnham, a strategist with Morgan Stanley, wrote in a report today. ...


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