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Re ends flat at 44.20/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Feb 14 2013 | 7:29 PM IST
 
Outlook:
The spot rupee is expected to open in the 45.12-45.16 range against the greenback on Monday.
 
Sentiment: Volatile
 
  • The spot rupee opened at 45.20/22 and fell to a low of 45.40 intra day, before closing at 45.18/20 against the dollar
  • The annualised premia on the six-month and one-year dollars closed at 1.26 per cent and 1.33 per cent, respectively
  •  
    Money market
     
    Sentiment: Bearish
  • Gilt prices fell by 30-40 paise following an expectation of 25 bps hike in the credit policy to be announced on April 18

  • Call rates closed at 5.5 per cent and the RBI absorbed around Rs 50,000 crore from the system

  • Yield on the ten-year benchmark paper closed at 7.59 per cent
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    First Published: Apr 14 2006 | 12:00 AM IST

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