Re moves up to 43.63/$, gilts rally

Dollar bearishness across the globe saw the spot rupee open at 43.70 per dollar, and close on a firm note at 43. 63 per dollar backed by inflows.

Sentiment was bullish in the government securities market today. Excess liquidity led to prices going up across-the-board.

Prices across all maturities went up by 10-15 paise. The 10-year, 7.38% 2,015 bond closed at an yield of 6.54%.

Reverse repo bids totalled Rs 31,000 crore today.