Rupee set for first weekly advance since October

Source: Bloomberg
© Scanpix/AFP
India's Rupee was set for the first weekly advance since October as Moody's Investors Service kept a stable outlook on the country's credit rating and Goldman Sachs Group Inc. increased local shares to overweight. The Rupee rose 1.8% this week to 54.5250 per U.S. Dollar, trimming a loss in November to 1.3%. The currency climbed 0.6% today. 
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Fri, 30 Nov 2012 07:45:20 GMT

Asian stocks advance on Japan stimulus measures

Asian stocks advanced, with benchmark regional index poising for the second weekly rise, as Japan approved stimulus and the nation's industrial output unexpectedly increased. The MSCI Asia Pacific Index rose 0.5% to 124.81 at 2 p.m. Tokyo time. Japan's Nikkei 225 Stock Average gained 0.9% today as Japan's cabinet approved stimulus worth 880 billion yen.  

Fri, 30 Nov 2012 09:10:23 GMT

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