Time for some news!!!! Rupee falls; global turmoil raises rate cut doubts: The rupee hit 13-month lows and bonds fell sharply as markets in the region tumbled on fears about the global economy, raising doubts about whether India can afford to cut interest rates given risks that such a move could trigger foreign outflows. The rupees session low of 63.46 on Tuesday was its weakest against the dollar since Nov. 13, 2013, when India was in the midst of its worst currency turmoil since the 1991 balance of payment crisis. For Free Finance Stuff go to- educba/free-courses/
Posted on: Tue, 16 Dec 2014 08:33:44 +0000
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