The rupee fell for a second day on speculation of importers stepping up dollar purchases to pay year-end bills. The rupee fell 0.3 per cent to 54.47 per dollar here, according to data compiled by Bloomberg.
Bonds rise on fresh buying
Government securities (G-sec) rose on good buying support from banks and companies.
The 8.15 per cent G-sec maturing in 2022 surged to Rs 99.95 from Rs 99.81 yesterday, while its yield moved down to 8.12 per cent from 8.14 per cent.
Call rates end steady
Call money rates ended steady at the overnight market here on Thursday, as demand from borrowing banks matched supplies. It finished stable at 8.10 per cent.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app