Rupee opens 17 paise higher against US dollar at 64.88
The rupee on Monday opened 17 paise up at 64.88 against dollar amid contemporary merchandising of yank currency from exporters and banks.
The native currency on Friday settled 23 paise down at 65.05 a dollar. The RBI, meanwhile, fastened the reference rate for the dollar at 65.0931 and for the monetary unit at 65.6837 on Friday.
Foreign portfolio investors poured Rs 1380 large integer in domestic equity markets on Fri with gross purchases and income stood at Rs 11,584.53 large integer and Rs 10,204.39 crore, severally.
Meanwhile, domestic equity markets opened in inexperienced following firm Asian cues. The animal disease Sensex opened 102.88 points, or 0.31 per cent, up at 33,260.10, whereas the NSE great index opened 30.80 points, or 0.30 per cent, up at 10,353.85.
Indian sovereign bonds fell last week, with the benchmark yield posting its biggest rise in 3 weeks, on serious debt offer and also the government’s decide to inject contemporary capital in state-run lenders that has bank recapitalisation bonds
The GoI benchmark 6.79% 2027 bond yield rose to 6.81 per cent on Fri from 6.80 per cent within the previous session.
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