(Bloomberg) -- India's rupee may end a four-week
rally, a Bloomberg News survey showed, on speculation the
central bank will sell the currency to halt a fall in exports.
Capital flows into Asia's fourth-largest economy helped
push up the rupee 9.5 percent this year. Infosys Technologies
Ltd., India's second-largest computer-services provider, may
miss its local-currency sales forecast because of the stronger
rupee, which lowers the value of overseas revenue, Credit Suisse
said last week. Exports declined in the five months through May.
Read more at Bloomberg Currencies News
rally, a Bloomberg News survey showed, on speculation the
central bank will sell the currency to halt a fall in exports.
Capital flows into Asia's fourth-largest economy helped
push up the rupee 9.5 percent this year. Infosys Technologies
Ltd., India's second-largest computer-services provider, may
miss its local-currency sales forecast because of the stronger
rupee, which lowers the value of overseas revenue, Credit Suisse
said last week. Exports declined in the five months through May.
Read more at Bloomberg Currencies News
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