Rupee, bonds gain as crude oil prices ease
Friday, November 9, 2018, 10:36 AM
Yields on 10-year government bond declined nearly 3 basis points while rupee strengthened against US dollar on Friday due to continued fall in crude oil prices and RBI's liquidity support via a series of open market operations. This prompted FIIs to buy nearly $1.26 billion in domestic debt over the last nine trading sessions (between 24 October and 5 November), according to Bloomberg data.
Rupee trades lower against US dollar
Tuesday, October 23, 2018, 9:49 AM
Indian rupee on Tuesday traded lower against US dollar tracking losses in its local equity and Asian currencies market. At 9.15 am, the home currency was trading at 73.73 a dollar, down 0.23% from its Mondays close of 73.56. The currency opened at 73.70 a dollar. The 10-year gilt yield stood at 7.935% from its previous close of 7.93%.