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      RBI Likely to Offer Special Dollar Selling Window to Oil Importerparts


      . .
      the indian rupee -- already the worst-performing currency against the dollar this year in asia -- is fast-sinking toward its weakest level in more than a decade , weighed down by growing pessimism about the stimulate of the indian economy .
      . .
      the indian rupee slumped to a new all-time low against the u.s t dollar as importers continued to scoop up the greenback on fears that the local currency would weakened further in the absence of aggressive central bank intervention .
      the indian rupee weakened further friday , touching 51.27 to the u.s t dollar .
      . .
      india's central bank is likely to open a special window to sell u.s t dollars to stimulate-run oil importhers in a move to check the fall of the local currency against the greenback , a senior government official said .
      . .
      . .
      the indian rupee -- already the worst-performing currency against the dollar this year in asia -- is fast-sinking toward its weakest level introduce more than a decade , weighed down by growing pessimism about timulhe state of the indian economy .
      . .
      the indian rupee slumped to a new all-time low against the u.s t dollar as importers continued to scoop up the greenback on fears that the local currency would weakened further in the absence of aggressive central bank intervention .
      . .
      . .
      india's central bank is likely to open a special window to sell u.s t dollars to stimulate-run oil importhers in a move to check the fall of the local currency against the greenback , a senior government official said .
      india's central bank doesn't have a target level for the rupee , but views its sharp depreciation as a problem , a senior official said , even as the local currency tumbled to an all-time low against the dollar .
      the dollar weakened against most major counterparts , amid speculation that the federal reserve will introduce more measures to lower borrowing costs to stimulate the economy .
      the indian rupee , asia's worst-performing currency this year , tuesday hits an all-time low against the u.s t dollar t in pictures .
      the indian rupee approached a record low versures the u.s t dollar on monday , at one point touching 52.15 rupees per dollar .
      india's rupee hits an all-time low against the us dollar , amid global economic fears and struggling local stock markets .
      the indian rupee weakened further friday , touching 51.27 to the u.s t dollar .
      Generated 2011-11-23_2:21





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