Comments
The rupee ended 19 paise higher at 61.42 against the previous close of 61.61 on the back of dollar sales by banks and exporters.
According to dealers, bunched up dollar inflows have provided support to the domestic unit following a five-day weekend, but losses in the domestic equity market prevented further gains. The market was closed from Thursday to Monday on account of public holidays.
In intra-day trade, the domestic unit rose to a more than a one-week high of 61.30 and touched a low of 61.48.
Call rates, bond yields dip
The interbank call money rates, the rates at which banks borrow short-term money from each other, ended lower at 7.35 per cent against the previous close of 7.50 per cent. Government bond (8.40 per cent G-Sec, maturing in 2024) yields softened to 8.45 per cent against the previous close of 8.46 per cent.The price of the security rose to Rs 99.63 against the previous close of Rs. 99.46.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.