Friday, April 27, 2012

MCX-SX USD INR TIPS 27 APR 2012


FOREX MARKET: SHORTS ON RUPEE SURGE - POLL

DATE: 27/04/2012                                                                                                                                      
Investors almost doubled their short bets on the rupee to the highest in five months, a poll shows.
The rupee has by far the largest number of short bets in emerging Asia FX, followed only by shorts on the Indonesian rupiah, poll shows.
April marks the fourth consecutive month in which the rupee remains the most shorted currency among Asian emerging FX in the poll.


POWERED BY: THE ECONOMIC NEWS

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