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View Full Version : India's Rupee Declines as Signs of US Revival Boost Dollar - Bloomberg



NewsWhore
06-08-2009, 01:50 AM
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India&#39;s Rupee Declines as Signs of US Revival Boost Dollar (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaMWwaAzX6dQI%26refer%3Dindia&cid=1257065138&ei=V6ksSuCgFuDbmQfw0pDGBQ&usg=AFQjCNHeJ1fCT0CvIH8m6VXE35bRTFhiNQ)
Bloomberg
“The rupee&#39;s decline today directly reflects the dollar&#39;s rally overseas” on signs US economic conditions are improving, said Sudarshan Bhatt, chief currency trader at state- owned Corporation Bank in Mumbai. “Most Asian currencies are weak. ...


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