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NewsWhore
03-12-2012, 11:50 PM
Sovereign Purchases Quadrupling Mimics US Banks' Holdings: India Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGgc89tu97cFmk7jJePmkNxY6GEvw&url=http://www.bloomberg.com/news/2012-03-13/sovereign-purchases-quadrupling-mimics-u-s-banks-holdings-india-credit.html)
Bloomberg
The currency strengthened 0.1 percent to 49.9250 per dollar today. The rupee has rebounded 6.3 percent this year after slumping 16 percent in 2011, the worst performance in Asia. Cash availability at lenders has worsened on speculation the central bank ...

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