Re rises to 43.64/$ on dollar selling by foreign banks

MARKETS REPORTS

Players have squared up their positions before the Budget which led to a range-bound market on Thursday.

Prices of gilts remained flat across securities with the movement restricted in a 4-paise range.

The 10-year benchmark 7.38 per cent 2015 gilt closed at 6.51 per cent.

Call money rates ruled at 4.75 per cent and reverse repo bids were at around Rs 26,000 crore.