India plays spoiler as global markets rally
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India plays spoiler as global markets rally

Mumbai : India | May 22, 2012 at 6:26 PM PDT
Source: The Economic Times
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India stood out like a sore thumb, with the rupee crashing to a new low and stocks falling while the rest of the world rallied on hopes that Europe, the epicentre of financial turmoil, may shift its stance to growth from austerity. The effect of the Reserve Bank of India's (RBI) move to curtail currency... FULL ARTICLE AT The Economic Times
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India's rupee has also been hit by global uncertainty, and pressure from oil importers
India's rupee has also been hit by global uncertainty, and pressure from oil importers
 
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