Rupee Hit the Skids by 53 Paise

December 12, 2018 Correspondent 0

In the wake of turbulence in state election environment, another trouble has been lined up for Indian economy as the rupee continues to fall by 110 paise in early trade Tuesday but still ended 53 paise lower at 71.85 against the US dollar following RBI Governor Urjit Patel’s shock exit coupled with the loss of the ruling BJP in key state elections.

Gold Prices Climbed Up in Asia

December 12, 2018 Correspondent 0

Gold Futures for February delivery rose 0.18% to $1,250.55 at 11:37 PM ET (03:37 GMT) on the Comex exchange, while the U.S. dollar index, tracking the greenback against a basket of six currencies, weakened 0.01% to 97.38.