Wed, 06 Nov 2013 10:06:03 GMT
Emerging-market currencies fall, stocks record modest gain
Emerging-market currencies slipped on Wednesday mainly due to a drop of the Indian currency amid speculation that the U.S. Federal Reserve scales back its stimulus program sooner than forecast reducing liquidity on the emerging markets. Meanwhile, the MSCI Emerging Markets Index gained 0.1% to 1,016.59 with 268 stocks falling and 247 increasing.