Rupee hits 56 versus the dollar
The rupee slumped to a new record low of 56 to the dollar on Wednesday weighed down by global risk aversion, with the Reserve Bank of India's intervention earlier in the day seen as too mild to prevent further falls. Full Article
Reuters Showcase
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
US to announce new China trade enforcement action
Chinese and U.S. flags are arranged during the third annual U.S.-China Strategic and Economic Dialogue (S&ED) at the State Department in Washington May 9, 2011.
Credit: Reuters/Kevin Lamarque/Files
WASHINGTON |
WASHINGTON (Reuters) - U.S. trade officials will announce a major trade enforcement action against China on Tuesday, according to a U.S. Trade Representative's office advisory obtained from a business group.
The advisory, which was distributed to media on a not-for-publication basis, said U.S. Trade Representative Ron Kirk "will hold a press conference to announce a major trade enforcement action against China."
The release did not provide any additional details.
(Reporting by Doug Palmer; Editing by Peter Cooney)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters