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Asia Daily Flash | 30 May 2012: India relaxes rules on foreign investors; Australia’s retail sales unexpectedly contract

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Published on Tuesday, May 29, 2012

Asia Daily Flash | 30 May 2012: India relaxes rules on foreign investors; Australia’s retail sales unexpectedly contract

To help stem the rupeeâ€™s recent losses and revive capital inflows, India announced it will allow foreign individuals to buy up to USD 1 bn worth of local corporate bonds