RBI Move Makes It More Costly to Short Rupee

July 16 (Bloomberg) -- Jahangir Aziz, chief India economist at JP Morgan Securities Inc., talks about the nation's central bank monetary policy and its impact on the economy and currency. India stepped up efforts to help the rupee after its plunge to a record low, raising two interest rates yesterday in a move that escalates a tightening in liquidity across most of the biggest emerging markets. Aziz speaks from Washington with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
Get a Lobster Dinner Now Before You Feel The Pinch
25:09 - (Bloomberg) -- Once a luxury, reserved for the fanciest of functions with a price tag to match, lobster has very much hit the mainstream as its become less costly. But, like all commodities, the large-clawed crustaceans are susceptible to market conditions, so you might not be able to afford it that much longer. Tom Gibson reports.
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