Re firms up at 43.71/$

MARKETS REPORTS

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Our Banking Bureau Mumbai
Last Updated : Feb 06 2013 | 5:33 PM IST
 
Sentiment: Volatile
 
  • The spot rupee opened at 43.78/79 and rose to 43.7150/7250 on the back of dollar inflows before closing at 43.70/71.
  • Forward premiums rose on the back of importer demand with the six-month and one-year premiums closing at 2.00 and 1.43, respectively.
 
Money market
 
Sentiment: Moderate
 
  • Gilt prices rose on the back of buying demand on Wednesday and moved in the range of 45-55 paise.
  • The benchmark 7.38 per cent 2015 paper closed at 6.52 %.
  • Call rates ruled in the 5.85/5.95 per cent band, while reverse repo bids were of Rs 450 crore.
 
 

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First Published: Dec 30 2004 | 12:00 AM IST

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