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The rupee hit a one-week high of 61.9650 versus its close of 62.07/08 on Wednesday as custodian banks sold the greenback. Currently the pair is trading at 62.02/03.
India's 2027 government bonds jump after RBI deputy governor H R Khan said debt switch may not happen this fiscal year. The benchmark 10-year paper trading down 2 bps at 8.78%.
Traders will continue to monitor shares for cues on foreign fund flows as well. The Sensex is currently up 0.1% but trading choppy ahead of the start of the results season with Infosys due to report earnings on Friday.
