Re ends weaker at 43.78/$

MARKETS REPORTS

Forex market

Outlook: The spot rupee is likely to open in a 43.75/79 range to a dollar depending on the inflation data in the US.

Sentiment: Dull

• The spot rupee remained rangebound within 4-5 paise by opening at 43.75/76 and closing at 43.77/78 to a dollar.
• Premium on forward dollars closed with six-month at 1.82 per cent and 1.54 per cent respectively.

Money market

Sentiment: Bullish

• Government security prices went up in the medium segment by 30-35 paise.
• The auction of 8.07 per cent 2017 government security was well bid. This perked up sentiment.
• The ten-year benchmark 7.38 per cent, which has turned illiquid, closed at a yield of 7.08 per cent.
• The 6.85 per cent 2012 paper was the top traded security.
• Call rates ruled at 4.75 per cent while reverse repo bids were at Rs 31,000 crore.