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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (81209)	4/27/2007 6:44:30 AM
From: Dan3	Respond to of 110194

Re: they can't lower rates. What can do they do? Market operations. Sell bonds to remove currency from the market, etc. Not that they will, but they could.

To: Perspective who wrote (81209)	4/27/2007 12:18:40 PM
From: Oblomov	Read Replies (1) \| Respond to of 110194

"India's rupee advanced for a fifth day, extending a rally to the highest in almost nine years, as global funds more than tripled stock purchases this month. The rupee rose as much as 0.5 percent to 40.725 against the dollar, the highest since May 22, 1998, before closing at 40.93 at 5 p.m. in Mumbai, according to data compiled by Bloomberg. " Probably not good news for IBM, ACN, and other companies that have offshore headcount as a key feature of their business models.