 "Rupee at nearly 3-month high of 53.80 vs dollar")
The rupee today gained 45 paise to end at nearly a three-month high of 53.81 against the dollar on persistent selling of it by banks and exporters on the back of sustained capital inflows from foreign funds.
Bonds recover on good demand
Government securities (G-sec) rose on good buying support from banks and companies.
The 8.15 per cent G-sec maturing in 2022 surged to Rs 102.69 from Rs 102.49 yesterday, while its yield went down to 7.73 per cent from 7.76 per cent. The 8.33 per cent G-sec maturing in 2026 shot up to Rs 104.41 from Rs 104.29, while its yield inched down to 7.79 per cent from 7.80 per cent.
Call money rates ended higher on sustained demand from borrowing banks.
It finished higher at 8.25 per cent from previous close of 7.55 per cent. It moved in a range of 8.50 per cent and 7.50 per cent.
Bonds recover on good demand
Government securities (G-sec) rose on good buying support from banks and companies.
The 8.15 per cent G-sec maturing in 2022 surged to Rs 102.69 from Rs 102.49 yesterday, while its yield went down to 7.73 per cent from 7.76 per cent. The 8.33 per cent G-sec maturing in 2026 shot up to Rs 104.41 from Rs 104.29, while its yield inched down to 7.79 per cent from 7.80 per cent.
More From This Section
Call rates end higher
Call money rates ended higher on sustained demand from borrowing banks.
It finished higher at 8.25 per cent from previous close of 7.55 per cent. It moved in a range of 8.50 per cent and 7.50 per cent.