Euro extends losses versus dollar, hits session low
NEW YORK Nov 2 (Reuters) - The euro extended losses against the dollar in afternoon New York trade on Friday as U.S. stocks fell further, boosting demand for safe-haven assets.
The euro fell as low as $1.2825 on Reuters data, below its 200-day moving average at $1.2830. It was last at $1.2831, down 0.9 percent on the day.
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Sahara’s investment programmes include schemes that are similar to a typical Indian bank’s fixed or recurring deposits. But the arrest of the company's chief Subrata Roy last week and the court case over an outlawed bond scheme are raising fears among some investors who worry they will not get their money back. Full Article