Sunday, December 9, 2007

India seeks World Bank rupee loan

http://news.bbc.co.uk/2/hi/south_asia/7133184.stm

The Maharashtra state government is seeking a loan worth some $3.5bn but is concerned about the fluctuations in the value of the dollar.

If approved, it would be the first time the World Bank has agreed to a such a loan in rupees.

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