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View Full Version : India’s Rupee Tumbles to Record Low as Funds Pull Money Out - Bloomberg



NewsWhore
03-02-2009, 07:50 AM
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India’s Rupee Tumbles to Record Low as Funds Pull Money Out (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaO66GpZ3UJ8k%26refer%3Dindia&cid=1310164469&ei=qNarSdLPD43QM4yAnecD&usg=AFQjCNGx8PKt3hw9lC5v2EmBeN3eWHLRZg)
Bloomberg
The currency extended a two-week slump on speculation Standard & Poor’s will soon cut the nation’s debt rating to junk. The rupee also fell on concern the current-account deficit will widen after a government report today showed exports slumped the ...


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