Re slips to 43.85/$

The rupee fell in line with all other currencies against the dollar today.

After opening at  43.80 per dollar, it dropped to an intra-day low of 43.86 before closing at 43. 83 per dollar.

The spot rupee is expected to open in the range of 43. 82-85 per dollar on Monday.

Sentiment was bearish in the government securities market today.

There were hardly any trades in the 10-year, 7.38% 2,015 bond, which closed at an yield of 7.06%. 

Maximum trades were seen in the 6.85% 2,012 bond today.

Call rates inched up to 5% on reporting Friday. Reverse repo bids were around  Rs 25,000 crore.