Aug 23, 2013

Rupee's free fall 'unwarranted': India finance chief

India’s finance minister said Thursday that the intense selling pressure on the rupee is exaggerated and that the currency market “panic” was unnecessary. The rupee, which has hit record lows for five straight trading days, slumped to 65.56 against the dollar on Thursday as ...

Feb 21, 2013

Avoiding a currency war

The Group of 20 ministers' communique urges member countries, including Japan, to avoid actions aimed at lowering the value of their currencies.