Home Page : Archive News : May 2012 News : India Curbs Exporter Forex Holdings to Lift Rupee | |
India Curbs Exporter Forex Holdings to Lift Rupee | |
May 10, 2012 India's central bank made a dramatic move to prop up its battered currency on Thursday, requiring exporters to sell half the foreign currency in their accounts, which helped to strengthen the rupee in morning trade. Source: http://www.cnbc.com/id/47366198?__source=RSS*tag*&par=RSS |