Spot Re slips to 43.80/$

Sentiment was dull in the forex market today. The spot rupee opened at 43.77 per dollar, and closed a tad lower at 43.80 per dollar.

Government securities moved in a narrow range of 5-10 paise due to lack of buying demand.

The 10-year, 7.38% 2,015 bond closed at an yield of 6.75%. Call rates were steady at 4.60-4.70%, and reverse repo bids totalled Rs 16,680 crore.