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NewsWhore
10-14-2011, 02:11 AM
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Weakest Rupee Sends Refiners to Dollar Loans for Oil Imports: India Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFw2yAHbkX2HeFJS6uSLrcXtDMqEg&url=http://www.bloomberg.com/news/2011-10-14/weakest-rupee-sends-refiners-to-dollar-loans-for-oil-imports-india-credit.html)
Bloomberg
The currency&#39;s 9 percent slide against the dollar this year, the biggest drop among Asian currencies, wiped out the benefits of an 8 percent retreat in crude oil prices for the world&#39;s fourth-largest energy consumer. “The rupee&#39;s decline is hurting the ...

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