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View Full Version : Indian Stocks Decline to Two-Year Low on Global Slowdown, Rupee Weakness - Bloomberg



NewsWhore
11-23-2011, 07:20 AM
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Indian Stocks Decline to Two-Year Low on Global Slowdown, Rupee Weakness (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNErWnV9Lp1OODmlfBLR_4LyCmrawg&url=http://www.bloomberg.com/news/2011-11-23/indian-stocks-sink-to-two-year-low-on-global-slowdown-rupee-weakness.html)
Bloomberg
The rupee dropped to a record yesterday, increasing the cost of imported oil and other commodities and forcing companies with foreign currency debt dues to repay the loans at higher costs. “Many companies raised foreign currency borrowings in the hope ...

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