Rupee rises amid less current account deficit

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Source: Bloomberg
© Scanpix/RS
India's currency gained on Tuesday reversing from previous two-day loss after better-than-expected results of current-account deficit overshadowed concerns that a partial shutdown of the U.S. government may reduce capital inflows. The Rupee jumped 0.4% to 62.3650 per U.S. Dollar at 10:34 a.m. Mumbai time after it lost 4.9% in the month of September.

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Tue, 01 Oct 2013 11:27:04 GMT

Gold and silver advance as demand rises after U.S. government shutdown

Gold and silver advanced on Tuesday trading session after demand for the metals as haven increased amid rising concerns that recovery of the world's largest economy may be endangered after the U.S. government partially closed today. Bullion for delivery in October added 0.6% to $1,337.49 an ounce and was traded at $1,335.18 as of 3:09 p.m. Singapore time, while silver

Tue, 01 Oct 2013 11:05:06 GMT

Rubber is little changed after Japan's manufacturing report

Rubber fluctuated on Tuesday trading session and it was traded lose to its lowest level in a month as Japan's government report showed favourable results of the country's manufacturing confidence and as investors awaited U.S. government shutdown. Rubber for delivery in March was traded at 256.6 Yen per kilogram, or $2,695 a metric ton, as of 11:34 a.m. in Tokyo.

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