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View Full Version : IndusInd Bank Says Rupee Gaining Strength From Capital Inflows - Bloomberg



NewsWhore
04-05-2011, 01:50 AM
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IndusInd Bank Says Rupee Gaining Strength From Capital Inflows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHCqxS1LLNeOCZEB3X2qSKUDNb-qA&url=http://www.bloomberg.com/news/2011-04-05/indusind-bank-says-rupee-gaining-strength-from-capital-inflows.html)
Bloomberg
Three-month non-deliverable forwards for the currency gained 0.3 percent to 45.13 per dollar as of 11:45 am in Singapore, according to data compiled by Bloomberg. The contracts reflect bets the rupee will weaken 1.6 percent from the spot rate of 44.43. ...

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