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View Full Version : Indian Rupee Falls for First Time in Four Days on Risk Aversion - Bloomberg



NewsWhore
05-06-2009, 02:40 AM
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Indian Rupee Falls for First Time in Four Days on Risk Aversion (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaTKcNLguaLTk%26refer%3Dindia&cid=1346520442&ei=4zIBSo-ZFcfFsAa3pPHVDQ&usg=AFQjCNHp8MMWDJ_uhSAPk93KBfoFe9XUwA)
Bloomberg - Anil Varma (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Anil Varma%22&hl=en&ned=us&ie=ISO-8859-1)
“The rupee is under pressure because US stock futures are down,” signaling risk aversion could increase, said Ritwij Mahant, a Mumbai-based currency trader at IndusInd Bank Ltd. “In addition, the dollar is stronger abroad.” The rupee declined as much ...


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