The rupee ended little changed on Thursday after hitting a one-week high earlier in the session, as dollar sales by foreign investors looking to invest in debt were offset by a choppy domestic stock market which recorded its sixth decline in seven sessions.
The partially convertible rupee closed at 62.07/08 a dollar, unchanged from its previous close. It rose to 61.96 during the session, its strongest since January 2.
Bonds recover
Government securities (G-secs) recovered on fresh buying support from banks and companies. The 8.83 per cent G-sec maturing in 2023 climbed to Rs 100.24 from Rs 100.16 previously.
Call rates end low
Call money rates finished lower at the overnight market.
The partially convertible rupee closed at 62.07/08 a dollar, unchanged from its previous close. It rose to 61.96 during the session, its strongest since January 2.
Bonds recover
Government securities (G-secs) recovered on fresh buying support from banks and companies. The 8.83 per cent G-sec maturing in 2023 climbed to Rs 100.24 from Rs 100.16 previously.
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Call rates end low
Call money rates finished lower at the overnight market.