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View Full Version : India Rupee Falls to Three-Month Low on Month-End Dollar Demand - Bloomberg



NewsWhore
02-26-2009, 12:40 AM
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India Rupee Falls to Three-Month Low on Month-End Dollar Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DawmzHdihQwr8%26refer%3Dindia&cid=0&ei=zSumSbf9EorGMqPOvP4K&usg=AFQjCNEigO4ih1Z0P2NXCLtGmDeYBHhIIA)
Bloomberg
The rupee weakened for a fourth day as offshore forward contracts showed traders increased bets for further weakness in the currency. India’s exports shrank an average 7.7 percent a month last quarter and imports grew 8.5 percent, fueling concern the ...


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