Thursday, June 12, 2008

Rate hike comes too late to halt rupee dip: Calyon

(MUMBAI) India's interest rate increase on Wednesday has come too late to check a slide in the rupee because of accelerating inflation, according to Calyon.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,283428,00.html?

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