Article

2012-05-30 India-Pakistan

Rupee drops to record low against dollar

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Posted by Fred 2012-05-30 00:00|| || Front Page|| [8 views ] Top
File under: Govt of Pakistan

#1 A rupee for your thoughts

Posted by Anguper Hupomosing9418 2012-05-30 01:37|| 2012-05-30 01:37|| Front Page Top

#2 Gaining elsewhere as well.

1.00 EUR =
1.24435 USD

Posted by Besoeker 2012-05-30 05:16|| 2012-05-30 05:16|| Front Page Top

#3 Whats happening is that banks have to maintain reserves in top quality bonds, etc, and with countries being downgraded left and right, banks are dumping these bonds and buying the bonds of AAA rated countries and that means US bonds, because it has far the biggest supply.

Posted by phil_b 2012-05-30 06:25|| 2012-05-30 06:25|| Front Page Top

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