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View Full Version : Indian Rupee Declines Most in 11 Weeks as Importers Buy Dollars - Bloomberg



NewsWhore
05-12-2011, 12:40 PM
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Indian Rupee Declines Most in 11 Weeks as Importers Buy Dollars (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHenjanpi-a43QL9qp7Ffys5pJlLA&url=http://www.bloomberg.com/news/2011-05-12/india-s-rupee-declines-most-in-a-week-as-importers-buy-dollars.html)
Bloomberg
The currency has weakened 1.7 percent this month as the UBS Bloomberg Constant Maturity Commodity Index retreated almost 10 percent from a record intraday high on April 11. Crude oil prices in New York dropped almost 16 percent this month. ...

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