Re ends flat at 44.36/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Feb 06 2013 | 6:31 AM IST
 
Sentiment: Bullish
 
  • The spot rupee opened and closed at 44.35/36 against the dollar after reaching a low of 44.38
  • In the forwards segment, premiums on six-month and oneyear dollars closed at 2.64 per cent and 2.18 per cent, respectively
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    Money market
     
    Sentiment: Bullish
  • With the completion of the government's borrowing programme through private placement on Monday, sentiment in the market got a boost

  • Call money rates eased to around 6.5 per cent

  • The yield on the 8.07 per cent 2017 paper that witnessed a high of 7.48 per cent on Monday came down to a close of 7.41 per cent

  • The corporate bond market is awaiting a string of Tier-II issues from banks and corporates
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