Bets on rupee turn bearish for the first time since late February:Poll

Investors shaved bearish bets on most Asian currencies over the past two weeks but went short on the rupee for the first time in over three months, a Reuters poll showed, as election euphoria faded against the backdrop of slowing growth in India.Investors had turned bullish on the rupee in March for the first time in nearly a year when billions of dollars worth of foreign funds poured into India ahead of general election in the worlds biggest democracy.With the election done and dusted, inflows have tapered off, the central bank has cut interest rates for the third time ...

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