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| DTC FIGHTING TO ALLEVIATE INDIAN LIQUIDITY CRISIS |
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| 27 June 2012 |
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| CHAIM EVEN-ZOHAR |
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| A myriad of challenges is facing the diamond industry. The most serious ones include the mispricing of rough (at least since December of 2011), the unexpected weakness on the demand side, the instability within the diamond pipeline, and, especially, the rupee crisis. This week, the Diamond Trading Company (DTC) of De Beers announced a relaxation of its allocation rules, which has one main objective: to give its Indian clients some respite and some time to off-load debt and to enhance liquidity.
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