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View Full Version : Barclays Says Current Account Doesn't Favor Rupee Appreciation - Bloomberg



NewsWhore
03-23-2011, 12:20 AM
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Barclays Says Current Account Doesn&#39;t Favor Rupee Appreciation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFCN8FoZbQLlhJmuysN3EYC1y05RQ&url=http://www.bloomberg.com/news/2011-03-23/barclays-says-current-account-doesn-t-favor-rupee-appreciation.html)
Bloomberg
One-month non-deliverable forwards for the currency were unchanged at 45.26 per dollar as of 11:33 am in Singapore, according to data compiled by Bloomberg. The contracts reflect bets the rupee will decline 0.5 percent from the spot rate of 45.02. ...

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