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View Full Version : Higher Borrowing Means RBI to Buy First Bonds in Nine Months: India Credit - Bloomber



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10-04-2011, 02:00 AM
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Higher Borrowing Means RBI to Buy First Bonds in Nine Months: India Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHDit5bKCWJnBuqTtSRux7VCTJgNQ&url=http://www.bloomberg.com/news/2011-10-04/higher-borrowing-means-rbi-to-buy-first-bonds-in-nine-months-india-credit.html)
Bloomberg
The outlook for the deficit may drive the rupee lower, according to Standard Chartered Plc. The currency weakened for a third day today, dropping 0.2 percent to 49.25 per dollar. “Investors will definitely be worried about the government missing its ...

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