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View Full Version : Indian Rupee Weakens a Second Day as Importers Purchase Dollars - Bloomberg



NewsWhore
04-28-2009, 09:40 AM
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Indian Rupee Weakens a Second 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%3DaCMweAXe7Jow%26refer%3Dindia&cid=1342941974&ei=DPv2SbTCOJm4Me67_IwI&usg=AFQjCNEXkukn6WQd-ZpXB6H5JOToKm4QbA)
Bloomberg
The rupee closed at the lowest level in almost a month 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 ...


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