Long Gilts Take Off, Rupee Sees Rough Run, Forex Hoard Swells

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Long-term government securities rushed northward in the last three trading days of last week after the Reserve Bank of India (RBI) set a higher-than-expected cut-off at the auction of 15-year paper.
Fuelling the rise further was the RBI governor
First Published: Oct 21 2002 | 12:00 AM IST