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View Full Version : Rupiah Declines to Seven-Week Low as Europe Deters Risk Taking - Bloomberg



NewsWhore
11-16-2011, 10:00 PM
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Rupiah Declines to Seven-Week Low as Europe Deters Risk Taking (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGyX9W5glmHXdScuLgMKHYUDJzOGg&url=http://www.bloomberg.com/news/2011-11-17/rupiah-declines-to-seven-week-low-as-europe-deters-risk-taking.html)
Bloomberg
The currency reached 9068 earlier, the weakest level since Sept. 26. The central bank unexpectedly reduced its benchmark interest rate by 50 basis points to 6 percent last week to boost economic growth. The government sold $1 billion of Islamic bonds ...

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