Top Indian Hedge Fund Raises Cash to 65% Due to Rupee Weakness
Businessmen with briefcases walk through the financial district in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)  

Top Indian Hedge Fund Raises Cash to 65% Due to Rupee Weakness

(Bloomberg) -- India’s top hedge fund has raised its cash holdings to a record 65 percent of its assets as the rupee hit multiple lows amid a selloff sweeping developing nations.
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