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View Full Version : India's Rupee Weakens for Second Day on European-Crisis Concern - Bloomberg



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12-20-2011, 01:00 AM
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India&#39;s Rupee Weakens for Second Day on European-Crisis Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFuUWvjiCux6Qu6KU8YXs2GmjnwRw&url=http://www.bloomberg.com/news/2011-12-20/india-s-rupee-weakens-for-second-day-on-european-crisis-concern.html)
Bloomberg
“The European concerns are here to stay until we have something more concrete from the policy makers there,” said Vikas Babu, a currency trader at state-owned Andhra Bank in Mumbai. “The market is also quite illiquid as there is no speculative money, ...

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