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View Full Version : Indian Rupee Falls for First Time in Five Days on Costlier Oil - Bloomberg



NewsWhore
06-02-2009, 02:34 AM
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Indian Rupee Falls for First Time in Five Days on Costlier Oil (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da8AuDXeYuMEo%26refer%3Dindia&cid=1252741350&ei=gMokSp7bNNiPmAfG0tGnBw&usg=AFQjCNELqxnqFdWHsXd2G6UDWV14D1et4w)
Bloomberg
The currency dropped on speculation refiners will stock up on dollars to pay for shipments after the commodity jumped 30 percent in May, the biggest monthly gain in a decade. Higher costs may widen the nation&#39;s trade deficit as India depends on imports ...


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