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Re steady at 43.51/$

MARKETS REPORTS

Our Banking Bureau Mumbai
Forex market
 
Outlook: The spot rupee remained flat by opening and closing at 43.50/51.
 
Sentiment: Dull
 
  • The spot rupee remained flat, opening and closing at 43.50/51.
  • Six-month and one-year dollar forwards closed at 1.52 per cent and 1.33 per cent, respectively.
 
Money market
 
Sentiment: Bearish
 
  • Government security prices witnessed a 10 paise movement down across maturities.
  • The 10-year 7.38 per cent 2015 paper closed at 7.24 per cent.
  • Call rates closed at 5 per cent, after touching 5.25-5.30 per cent intra-day.
  • The RBI rolled back most of the bids offered in 91-day and 182-day treasury bill auction.
 
 

 

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First Published: Jul 14 2005 | 12:00 AM IST

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