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| Outlook: The rupee is expected to open between 45.84 and 45.89 against the greenback on Thursday. |
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| Sentiment: Bullish |
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- The rupee opened at 45.67/68 per dollar and closed higher at 45.64/65 to a dollar on the back of good forex inflows. It hit an intraday high of 45.6050.
- Premiums on forward dollars were rangebound. Annualised premiums on six-month and one-year dollars closed at 2.58 per cent and 2.12 per cent respectively.
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| Money market |
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| Sentiment: Nervous |
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- Prices of government securities prices fell across the board on nervousness ahead of the RBI's mid-term policy review announcement.
- Prices of long- and medium-term securities slipped by 40-50 paise.
- Yield on the benchmark ten-year gilt closed higher at 6.68 per cent.
- Call money rates ended at 4.8 per cent on fears of falling liqudity in the market.
- Repo outstandings stood at Rs 5,700 crore.
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