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View Full Version : Indian Stocks Fall to 28-Month Low on Weak Rupee; Reliance Leads - Bloomberg



NewsWhore
12-20-2011, 04:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0A3r8w3UbSEfwChfbV8gy8QnyQA&url=http://www.bloomberg.com/news/2011-12-20/indian-stocks-fall-to-28-month-low-reliance-tata-motors-lead.html)
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Indian Stocks Fall to 28-Month Low on Weak Rupee; Reliance Leads (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0A3r8w3UbSEfwChfbV8gy8QnyQA&url=http://www.bloomberg.com/news/2011-12-20/indian-stocks-fall-to-28-month-low-reliance-tata-motors-lead.html)
Bloomberg
A weak rupee boosts prices in a country that buys 80 percent of its energy and increases repayment costs for companies holding foreign-currency debt. “With the Reserve Bank of India hamstrung by stubbornly strong non-food core inflation, ...

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