Business Standard

Rupee drops on fear of rain hitting inflation

Related News

The on concern that will and spur food inflation.

The rupee declined 0.1 per cent to 55.3 per dollar in Mumbai. One-month implied volatility, a measure of exchange-rate swings used to price options, fell five basis points to 10.15 per cent.

Bonds remain lower
dropped on continued selling pressure from banks and corporates. The 8.15 per cent government security maturing in 2022 dipped to Rs 99.6 from 99.8 last Friday, while its yield rose to 8.2 per cent from 8.1 per cent.

Call rates recover
recovered at the overnight call money market on fresh demand from borrowing banks. The call money rate finished higher at 8.15 per cent from last Friday's closing level of eight per cent. It moved in a range of 8.1 per cent and 7.9 per cent.

Read more on:   
|
|
|
|
|
|

Read More

Rupee gains on better-than-expected GDP, euro rally

The Indian rupee rebounded from session lows to gain for the day after the economy grew more strongly-than-expected in the April-June quarter, while ...

Quick Links

More news from Finance Rss icon

RBI prescribes tighter norms for NBFCs to lend against shares

Move to help curb stock market volatility due to offloading by NBFCs

RBI staff union meets Rajan on various concerns

Union says Rajan assures RBI will oppose legislative changes of FSLRC

Top posts at four govt banks still vacant

Kolkata-based UBI top position vacant since Feb after Archana Bhargava resigned

Back to Top