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Re ends at 43.73/$

MARKETS REPORTS

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Our Banking Bureau Mumbai
Forex market
 
Outlook: The spot rupee is expected to open in the range of 43.69/73 to a dollar .
 
Sentiment: Volatile
 
  • The spot rupee opened at 43.65/66 to a dollar but slipped during the day to close at 43.71/73.
  • The six-month and one-year dollars closed at 1.87 per cent and 1.55 per cent respectively.
 
Money market
 
Sentiment: Bullish
 
  • The prices of government securities remained rangebound within a band of 5-7 paise.
  • The benchmark 10-year 7.38 per cent 2018 closed at 6.57 per cent.
  • Call money rates hovered at around 4.5/6 per cent
  • Reverse repo bids were at Rs 12,800 crore.
  • There brisk trades in treasury bills from foreign institutional investors and primary dealers.
 

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First Published: Jan 14 2005 | 12:00 AM IST

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