Rupee ends flat at 60.11

Our Bureau Mumbai | Updated on July 25, 2014

The rupee ended flat at 60.11 against the dollar on Friday as demand from oil importers was offset by dollar sales by banks. The rupee opened a tad lower at 60.13 on Friday from Thursday’s close of 60.11. Our Bureau

Call rates, bond prices drop

The inter-bank call money rate, the rate at which banks borrow short-term funds from one another to tide over liquidity mismatches, ended weaker at 8.40 per cent from Thursday’s close of 9 per cent. During the day, call rates moved in a wide range of 7.75 to 9.05 per cent range. Yield on the benchmark 8.83 per cent government bond maturing in 2023 ended a tad higher at 8.67 per cent from the previous close of 8.65 per cent. Our Bureau

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Published on July 25, 2014
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