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View Full Version : India's Rupee Weakens for 2nd Day as Importers Purchase Dollars - Bloomberg



NewsWhore
04-28-2009, 01:20 AM
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India&#39;s Rupee Weakens for 2nd Day as Importers Purchase Dollars (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaLMWeb2SmIWE%26refer%3Dindia&cid=0&ei=3pP2SailMIi4Md_jjIYI&usg=AFQjCNG6l-cJJX5rHIoPTu0-zeQSzuLAZQ)
Bloomberg
The rupee declined to a one-week low as offshore forward contracts showed investors increased bets for further weakness in the currency against the dollar. Demand for the greenback may have increased after the rupee strengthened in each of the last ...


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