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Apr 27, 2012, 11.19 AM IST

Growing fears: shorts on rupee surge - Reuters poll

MARKET-EYE-INDIA-RUPEE:Growing fears: shorts on rupee surge - Reuters poll

Source: Reuters
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Growing fears: shorts on rupee surge - Reuters poll
Reuters Market Eye - Investors almost doubled their short bets on the rupee to the highest in five months, a Reuters poll shows.


* The rupee has by far the largest number of short bets in emerging Asia FX, followed only by shorts on the Indonesian rupiah, poll shows.


* April marks the fourth consecutive month in which the rupee remains the most shorted currency among Asian emerging FX in the poll.


(Reporting By Subhadip Sircar; Editing by Rafael Nam)


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