Re ends weak at 43.63/$

MARKETS REPORTS

Forex market

Outlook: The rupee is expected to trade in a range of 43.65-45.70 on Friday.

Sentiment: Bullish

• The spot rupee ended on Thursday at 43.65-43.66 to a dollar, down three paise from Wednesday's close of 43.62/43.63.
• Dollar demand from state-run banks and corporates at the end of the day capped gains in the rupee.
• Dollar inflows from foreign funds checked the fall in the rupee. Rupee premiums traded in a narrow range.

Money market

Sentiment: Bearish

• Bond prices fell by 30-50 paise on Thursday owing to an unexpected spurt in the US crude prices to over $57 per barrel.
• The yield of the 10-year benchmark, 7.38 per cent 2015 paper closed at 6.68 per cent, down from the opening level of 6.63/64 per cent.
• The liquidity situation was comfortable with call rates comfortable at 4.60-4.80 per cent.
• The Reserve Bank of India sucked out liquidity worth Rs 36,155 crore from the system.