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View Full Version : Indian Rupee Weakens on Concern Risk Aversion Will Spur Outflow - Bloomberg



NewsWhore
05-28-2009, 01:30 AM
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Indian Rupee Weakens on Concern Risk Aversion Will Spur Outflow (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DagC8YFB3ZyfU%26refer%3Dindia&cid=0&ei=5CMeSqTlCcSPmAf7-rSBDg&usg=AFQjCNEhqJcqZYE_aNN_k0gdG4aUzo7kFA)
Bloomberg
“Overseas equities are weaker and the dollar is broadly stronger,” indicating an increase in risk aversion, said Ritwij Mahant, a Mumbai-based currency trader at IndusInd Bank Ltd. “The rupee&#39;s weakness also follows the trend in the non- deliverable ...


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