Business Standard

Rupee revels, govt papers wither, forex kitty swells

Recap

Image

Our Banking Bureau Mumbai
 Ample liquidity and benign inflation outlook helped drag yields down. The rupee ended the week about four paise stronger on the back of strong foreign investment inflows and exporters remittances.

 The benchmark 10-year 7.27 per cent gilt closed the week about four basis points lower at 5.0873 per cent against Monday

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 10 2003 | 12:00 AM IST

Explore News