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View Full Version : India's Rupee Drops to 2-Year Low After IMF Cuts Global Forecast - Bloomberg



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09-21-2011, 09:40 AM
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India&#39;s Rupee Drops to 2-Year Low After IMF Cuts Global Forecast (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEIV78kLEaMT41a0L6_B9IP-1smaA&url=http://www.bloomberg.com/news/2011-09-21/india-s-rupee-gains-on-speculation-foreign-funds-buying-bonds.html)
Bloomberg
The currency declined for the third day and Indian shares fell as the IMF lowered the expansion estimate for this year to 4 percent from 4.3 percent, predicting a “severe” fallout if Europe fails to contain its debt crisis. ...

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