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View Full Version : India's Rupee Snaps Four-Week Drop on Joint Central Bank Action - Bloomberg



NewsWhore
12-02-2011, 08:50 AM
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India&#39;s Rupee Snaps Four-Week Drop on Joint Central Bank Action (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF1P-aN8jWavQIWAt4G3XyECCFkzw&url=http://www.bloomberg.com/news/2011-12-02/india-s-rupee-snaps-four-week-drop-on-joint-central-bank-action.html)
Bloomberg
The currency rebounded from last week&#39;s record low as six monetary authorities led by the US Federal Reserve agreed this week to lower the interest rate on dollar-liquidity swap lines. The rupee gained for a second day after global investors bought $27 ...

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