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RBI's 'intervention' caution calms rupee

The Reserve Bank of India Governor Duvvuri Subbarao's caution that the central bank will intervene if foreign inflows are 'lumpy and volatile' has calmed the rupee a bit. The local currency on......
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Rupee closes at 11-month low of 62.95 per dollar

The Indian rupee closed at an 11-month low as foreign investors started liquidating their emerging markets portfolio at the end of the calendar... ...

http://www.livemint.com/Money/hrYr2fK5OIHFSvFIYoyZ1J/Rupee-opens-034-lower-at-6251-per-dollar.html

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