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Rupee slips to 8-month low

Published on Tue, May 06, 2008 at 18:02 , Updated at Wed, May 07, 2008 at 09:54
Source : CNBC-TV18

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The rupee has fallen to an 8-month low against the dollar. The US currency rose on consistent demand from oil importers, while inflows from FIIs were not forthcoming, reports CNBC-TV18.

 

The breach of the 40-80 technical barrier led to some exporter cancellation. The RBI has refused to let the rupee appreciate as a tool to tame inflation.

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India requires nuclear energy to meet demand

...

in Economy - MMB Messenger at 13-Oct-08 07:27

Is indian economy collapsing????!!!!

INDIAN rupee fast depreciating...banks not giving easy loans.... real estate in deep trouble....icici bk stopped g...

in Economy - ravipratap61 at 13-Oct-08 07:24

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