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View Full Version : India's Rupee Advances After Last Week's Plunge in Oil Prices - Bloomberg



NewsWhore
05-09-2011, 01:30 AM
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India&#39;s Rupee Advances After Last Week&#39;s Plunge in Oil Prices (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGinuZ30TftVh4m9nPhVe-dQwDSWA&url=http://www.bloomberg.com/news/2011-05-09/india-s-rupee-advances-after-last-week-s-plunge-in-oil-prices.html)
Bloomberg
The local currency rose the most in a week after oil prices fell by almost 15 percent in New York last week, the biggest five-day decline since December 2008. India imports almost 75 percent of the crude it uses. “Crude oil is always a big factor and ...

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