Reuters: Money News: History shows growth woes will override rupee defence

Reuters: Money News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

History shows growth woes will override rupee defence Aug 4th 2013, 06:49 MUMBAI (Reuters) - If one thing is clear from India's impulsive strategies in July to defend a plunging currency, it is that the Reserve Bank of India's policy bias towards supporting growth is innate, even in a crisis.

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