Tuesday, July 9, 2013

Reuters: Money News: Rupee gains; RBI takes action on oil companies' dollar demand

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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.
Rupee gains; RBI takes action on oil companies' dollar demand
Jul 10th 2013, 04:34

MUMBAI (Reuters) - The rupee strengthened against the dollar on Wednesday after the central bank asked state-run oil companies to purchase dollars from a single bank in a bid to support the declining domestic currency.

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