SENSEX NIFTY
Apr 30, 2012, 06.31 PM IST | Source: Reuters

RBI's rupee defence gets fresh jolt from S&P

The current account deficit is widening and a weak global investment climate coupled with policy paralysis in New Delhi, sticky inflation and slowing growth have increased the aversion of foreign investors to India, pushing the capital account into the red.

RBIs rupee defence gets fresh jolt from S&P

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