RAGHURAM RAJANS MAGIC The rupee strengthened to a seven-month - TopicsExpress



          

RAGHURAM RAJANS MAGIC The rupee strengthened to a seven-month high on Monday on the back of heavy foreign flows into both equities and debt, even as most emerging Asian currencies fell after surprisingly weak Chinese trade data. The partially convertible rupee rose to as much as 60.83 per dollar, its highest since August 12. It was last trading at 60.84/85 per dollar, compared with its close of 61.08/09 on Friday.
Posted on: Mon, 10 Mar 2014 11:39:15 +0000

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