The rupee fell on speculation that a drop in the benchmark stock index would spur overseas investors to pare holdings of the nation’s assets.
The rupee fell 0.1 per cent to 45.385 per dollar at the close in Mumbai, according to data compiled by Bloomberg. Markets were closed yesterday for a holiday.
BONDS END MIXED
Government bonds on Tuesday closed mixed on alternate bouts of buying and selling. The 7.80 per cent government security maturing in 2021 hardened to Rs 96.7750 from 96.70 previously, while its yield softened to 8.29 per cent.
CALL RATE FIRMS UP
The call rate firmed up to end at 8.03 per cent at the overnight call money market on Tuesday .