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View Full Version : Indian Rupee Gains on Optimism RBI Will Cut Rates to Spur Growth - Bloomberg



NewsWhore
06-05-2012, 01:41 AM
Indian Rupee Gains on Optimism RBI Will Cut Rates to Spur Growth (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEZmlTqfyQc8HC3AHh8E0XfhLHJWg&url=http://www.bloomberg.com/news/2012-06-05/indian-rupee-gains-on-optimism-rbi-will-cut-rates-to-spur-growth.html)
Bloomberg
The currency rose as the BSE India Sensitive Index (SENSEX) of shares advanced for a second day. The rupee appeared to have been “oversold” after it fell to a record last week, according to Espirito Santo Investment Bank. “The deterioration in the ...

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