Epic Indian Rupee Update

Epic Indian Rupee Update

The benchmark 10-year bond yield opened down 8 basis points at 8.77 percent. The partially convertible rupee dropped to 62.79/80 per dollar versus its previous close of 62.60/61 on Monday.
 
Epic Indian Rupee Update

The 10-year benchmark bond yield was down 6 basis points at 8.71 percent. It fell to 8.68 percent in early trades. Post-trading hours on Monday, the RBI said it would buy up to 100 billion rupees of bonds via open market operations on October 7.
 
Epic Indian Rupee Update

Indian rupee fell by 12 paise in early trade Friday to 61.85 per dollar as against previous day%u2019s closing of 61.73 per dollar.
 
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