Re firms up to 43.68/$; bonds rally

| The spot rupee moved up 43.68 per dollar as against the last weekend close of 43.77 per dollar on expectations of fresh dollar flows from overseas floats. Government bonds rallied on bargain hunting and yields dropped due to the rally in the stock market. The 7.38% 2,105 bond was last traded at an yield of 6.68% - down from the morning high of 6.73% and the last weekend close of 6.69%. |
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jan 17 2005 | 6:30 PM IST

