Indian rupee surges on predictions of Modi election win
(WorldNews Politics)

The exchange value of Indian rupee against the US dollar surged more than a percentage point on Monday, cheering exit polls predicting a return of Prime Minister Narendra Modi´s party BJP-led National Democratic Alliance (NDA) to power. The rupee, which opened at 70.36 against the US dollar in the interbank forex market, appreciated 79 paise to 69.44 in the opening trading hours. It was...