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View Full Version : India’s Rupee Slides to Record Low as Capital Outflows Increase - Bloomberg



NewsWhore
02-27-2009, 01:00 AM
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India’s Rupee Slides to Record Low as Capital Outflows Increase (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DadSJa2_zy4RY%26refer%3Dindia&cid=1308872407&ei=9HOnSa7xM4mQmAfvw-nzAw&usg=AFQjCNECxayCFPRPRRofMUCzkjQ7c4B-wA)
Bloomberg
The currency headed for a second weekly loss as offshore forward contracts showed traders increased bets for further weakness in the currency. India’s spending plans to help shield the economy from the global recession are “not sustainable,” S&P said ...


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