Re skids to 44.76/$

MARKET REPORTS

Forex market

Sentiment: Bearish

• The spot rupee opened at 44.45 and fell all the way to close at a 10-month low of 44.75/76 to a dollar.
• The six-month and one-year forward dollars closed at 0.69 per cent and 0.61 per cent, respectively.

Money market

Sentiment: Bearish

• The prices of government securities traded in a range of 5-10 paise across the board.
  
• The 10-year 7.38 per cent 2015 gilt closed at 7.16 per cent.
  
• The sentiment was quite and trading was lacklustre.
  
• Call money was comfortable at 5.05 per cent, while rates in collaterised lending and borrowing market closed a bit firm at 5 per cent.
  
• Corporate bond market remained lacklustre.