Re ends at 44.65/$

MARKETS REPORT

Forex market

Sentiment: Dull

The spot rupee opened at 44.69/70 and gained during the day to close at 44.64/65 against the dollar.

In the forwards segment, the premiums on the six-month and one-year dollars closed at 1.89 per cent and 1.67 per cent, respectively

Money market

Sentiment: Bearish

The government securities market remained rangebound with a bearish sentiment

The top traded 8.07 per cent 2017 paper closed at 7.43 per cent

Call rates eased to below 5.75/85 per cent as against 7.25 per cent posted last week