Re at 5-1/2 month high at 45.06/$

MARKETS REPORTS

Outlook: The rupee is seen moving around the 45 level against the greenback on Friday.

Sentiment: Bullish

• Rupee premiums on forward dollar fell sharply. The premium on six-month dollar was down to 0.45 per cent from 1.17 per cent.
• The rupee rose to a 5-1/2 month closing peak on Thursday at 45.02 per dollar against 45.06 on Wednesday.The rupee has appreciated by over 3 per cent since late July.

Money market

Sentiment: Bullish

• The yield on the active 7.38 percent 2015 bond eased off the day's peak of 7.23 per cent to 7.19 per cent at close against Wednesday's 7.1889 per cent.
• The Rs 8,000 crore government borrowings due between December 1 and December 8 hit market sentiment.
• Call money rate closed lower at 4.50 per cent against 4.70 per cent on Wednesday.
• The 7.37 per cent 2014 bond was not traded at all.