India to call on millions of non-residents to defend rupee

By Manoj Kumar

NEW DELHI
Mon Jul 22,
(Reuters) - India is considering calling on its millions of non-resident citizens to help reverse a record slide in the rupee and does not favour the idea of a global sovereign bond at this time, senior government officials told Reuters on Monday.

However, the government strongly denied having ruled out a sovereign bond issue and said in a statement that "