• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

MUMBAI: The rupee on Wednesday closed three paise weaker at 45.43/44 in its value against the dollar against Tuesday's close of 45.40/41.

The domestic currency opened at 45.40/41, touched an intra-day high of 45.3850 and closed at the intra-day low of 45.53/44.

There were good supplies of the dollar, which were mostly sucked away by the central bank through State-run banks.

Internationally, the dollar has gained some value against the euro and the pound. In the forward market, there has been steady climbing of the premia with importers coming in to buy forward contracts.

The six months forward closed at 0.27 per cent (0.14 per cent) and the one-year closed at 0.35 per cent (0.28 per cent).

The Government securities prices opened high but lost 10-20 paise on profit-booking only to gain in prices towards end of the trading day on Wednesday.

The 8.07 per cent 2017 paper opened at a high of Rs 124, went to touch Rs 123.85, but closed higher at Rs 123.90/92. The 6.25 per cent 2018 paper opened at a high of Rs 106.62, touched a low of Rs 106.40 and closed a tad higher at Rs 106.46/49.

In the inter-bank call money market, rates were soft with plenty of liquidity. Through the LAF window, the central bank accepted funds worth Rs 33,000 crore by way of 48 bids at the repo rate of 4.5 per cent.

More Stories on : Forex | Govt Bonds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Forwards move up; gilts range-bound

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line