he Indian rupee on Tuesday surged by another 32 paise to 48.76 against the greenback in morning trade in tandem with a strong rally in stocks amid steady dollar overseas.
Read more »Indian Rupee stronger by another 32 paise against dollar
Gold Prices Rises Slightly as Dollar broadly drops
Gold futures ended slightly higher on Friday, losing some of their initial upward momentum based on a broadly weaker dollar, and the metal could continue to be range bound because of weakened investment demand.

India rupee at new two week high as exporters sell dollars
The Indian rupee gained for a third consecutive session on Tuesday rising to a fresh two week high as exporters sold dollars on expectations the rupee was going to rise further in the coming sessions.
Read more »China 'worried' about US Treasury holdings
China's premier didn't say it in so many words, but the implied warning to Washington was blunt: Don't devalue the dollar through reckless spending.Premier Wen Jiabao's message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds.
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$1 billion allocated for batteries
The idea – part of the proposed $850 billion economic stimulus package under consideration in Congress – is one of the reasons for the establishment of a new website, ReadTheStimulus.org, which is trying to collect volunteers to analyze the dollars and cents written into the 300-plus-page plan."One of the additional features we want to add … is more detail on the actual dollar amounts being appropriated in the bill text," the website says. "But to do that, we need to extract out all the individual appropriations and put them in a spreadsheet.
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