10.09.2013 - Gold's relationship with the Indian rupee
According to Reuters, the Indian rupee staged a sharp recovery last Wednesday after suspected heavy dollar selling by the central bank, preventing the battered currency from slipping to a record low on the same day that the authority ushered in a new governor. Raghuram Rajan, a former chief economist at the International Monetary Fund (IMF), took charge at the Reserve Bank of India as the country faces its worst economic crunch since a balance of payments crisis two decades ago...............................................Full Article: Source
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