Rupee ends 15 paise higher at 61.61

Our Bureau Mumbai | Updated on October 01, 2014 Published on October 01, 2014

The rupee today ended 15 paise higher at 61.61 against the dollar on the back of dollar sales by banks and exporters. It ended yesterday at 61.76.

The domestic unit opened weaker at 61.92 and touched a low of 61.94 and a high of 61.58 in intra-day trade.

A dealer with a public sector bank said as the rupee approaches the 62 level, exporters sold the rupee to get better levels to sell dollars.

Markets will be shut from Thursday to Monday for public holidays and re-open for trading on Tuesday.

The interbank call money rates, the rates at which banks borrow short-term money from each other, ended lower at 7.50 per cent against the previous close of 8.10 per cent. Government bond (8.40 per cent G-Sec, maturing in 2024) yields softened to 8.46 per cent from Tuesday’s close of 8.51 per cent. The price of the security ended higher at Rs 99.46 from previous close of Rs 99.25.

Published on October 01, 2014
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