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View Full Version : India's Rupee Weakens on Speculation Importers Buying Dollars - Bloomberg



NewsWhore
04-27-2009, 08:31 AM
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India&#39;s Rupee Weakens on Speculation Importers Buying Dollars (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaVpMFpjUTvRE%26refer%3Dindia&cid=1342419657&ei=aaf1SeC5DaO4MYC3_ZkE&usg=AFQjCNF8-2ZVTN4jM7L6-fMFiH1rj-XuHQ)
Bloomberg
The currency fell the most in a week as offshore forward contracts showed investors increased bets for further weakness versus the dollar. The rupee gained in each of the last seven weeks as signs a global recession is easing bolstered demand for ...


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