Spot Re opens firm at 43.7750/$

The spot rupee has gained strength in the opening trades on the back of strong FII inflows and the dollar weakness overseas. It is now quoted at 43.7650/7750 per dollar against the yesterday's close of 43.8450 per dollar.

The bond market also rallied sharply following a slump in the international crude oil prices. The 7.38% bond yield shed 2 basis points to 6.5876% from the Wednesday's close.