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View Full Version : India's Rupee Weakens as Faster Inflation Prompts Stock Sales - Bloomberg



NewsWhore
09-05-2011, 08:30 AM
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India&#39;s Rupee Weakens as Faster Inflation Prompts Stock Sales (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEN9DjCvw6MZnYjX7ZPHz2oOsIswQ&url=http://www.bloomberg.com/news/2011-09-05/india-s-rupee-weakens-as-faster-inflation-prompts-stock-sales.html)
Bloomberg
The currency slid 4.1 percent in August, the biggest monthly decline since May 2010, as foreign investors sold $2.3 billion more Indian shares than they bought, exchange data show. Food inflation accelerated to a four-month high of 10.05 percent in the ...

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