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View Full Version : India's Rupee Declines to One-Week Low on Europe Crisis Concern - Bloomberg



NewsWhore
11-03-2011, 02:11 AM
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India&#39;s Rupee Declines to One-Week Low on Europe Crisis Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNErc5BuHy9522cLnZNoJ7BPWfp3jg&url=http://www.bloomberg.com/news/2011-11-03/india-s-rupee-declines-to-one-week-low-on-europe-crisis-concern.html)
Bloomberg
“Right now the focus is only on Europe,” said Vikas Babu, a currency trader in Mumbai at Andhra Bank. “We will see demand for the dollar until there&#39;s clarity on European developments.” The rupee declined 0.4 percent to 49.385 per dollar as of 10:24 am ...

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