Bond issue - a last resort for rupee?
India is weighing further steps to brake the slide in the rupee including selling dollars directly to oil importers, official sources say. Article | Rupee hits 55.47/dlr
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Oil price of $120 is acceptable - Iraq oil min
Labourers work on a refinery in Suining, Sichuan province October 22, 2009.
Credit: Reuters/Stringer/Files
BAGHDAD |
BAGHDAD (Reuters) - Iraqi Oil Minister Abdul-Kareem Luaibi said on Monday a world oil price of $120 a barrel is reasonable and acceptable.
"We in OPEC see that this price will not affect economic growth," Luaibi said.
(Reporting by Ahmed Rasheed and Muhanad Mohammed; editing by Jason Neely)
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