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View Full Version : Rupee Drops on Speculation Importers Increased Dollar Purchases - Bloomberg



NewsWhore
03-19-2012, 09:20 AM
Rupee Drops on Speculation Importers Increased Dollar Purchases (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG7REjSmEwBR4_4MjWEtleIAnffjw&url=http://www.bloomberg.com/news/2012-03-19/rupee-drops-on-speculation-importers-increased-dollar-purchases.html)
Bloomberg
The currency reversed an earlier gain on concern higher oil prices will boost India's import costs, according to Corporation Bank. Brent oil has risen 11.7 percent this year to $125.31 a barrel. The rupee rose earlier on speculation gold imports will ...

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