2012-05-18

India Said to Consider Selling Dollars Directly to Refiners - Bloomberg

India Said to Consider Selling Dollars Directly to Refiners - Bloomberg


India Said to Consider Selling Dollars Directly to Refiners
Bloomberg
The Reserve Bank of India is considering selling dollars directly to oil importers to reduce exchange-rate volatility after the rupee fell to a record low yesterday, a central bank official said. The rec! ent widening of swings in the local currency may ...

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