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Bond, currency markets witness high volatility in FY20 over Covid-19 fear

While the rupee hit its lifetime low of about 76.30 a dollar, the 10-year bond yields fell to 6 per cent, as Covid-19 led to an unprecedented slide in financial assets worldwide

Topics
Coronavirus | India bond market | currency market

Anup Roy  |  Mumbai 

Markets
The rupee ended the 2019-20 fiscal year at Rs 75.6 dollar, and the 10-year yields closed at 6.1 per cent. At the start of the year, rupee and bond yields were at 69.2 a dollar and 7.4 per cent, respectively.

Bond and currency witnessed a highly volatile year, as Covid-19 fear brought the to a near halt.

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First Published: Tue, March 31 2020. 21:45 IST
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