The spot rupee is likely to open in the range of 43.75-78 per dollar on Thursday. | |
| Sentiment: Bearish |
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- The spot rupee had a flat run, closing at 43.75/77 to a dollar after opening at 43.7450/75.
- The six month and one year dollar premiums too ended flat, at 1.73 per cent and 1.49 per cent, respectively.
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| Money market |
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| Sentiment: Bullish |
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- Government securities prices rallied following the moderation in the yields on US bonds.
- Prices of long-term papers went up by almost a rupee while the short- and medium-term papers witnessed a price rise of 50-70 paise.
- The ten-year benchmark 7.38 per cent 2015 closed at 7.04 per cent.
- Call rates ruled at 4.75/8 per cent, while the reverse repo bids were at around Rs 31,000 crore.
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