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Sentiment: Dull
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The spot rupee opened at 44.53/54 and closed at the same levels after reaching an intra-day low of 44.5750 to a dollar.
With easy liquidity, the premium for booking forward dollars came off with six-month and one-year dollars quoting at 1.70 per cent and 2 per cent. |
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| Money market |
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Sentiment: Bullish Prices of government securities remained volatile during the day, registering an upward price movement of 6-7 paise.
The top traded 8.07 per cent 2017 gilt closed at 7.38 per cent.
With improvement in liquidity, call rates came down from highs of 7.25 per cent to 6.90/95 per cent.
Corporate bond market was lacklustre.
The RBI infused liquidity of Rs 18,000 crore into the system. |
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