Rupee ended at Rs 62.58 compared with previous close of Rs 62.38 per dollar
The 8.28% G-sec maturing in 2027 fell to Rs 94.15 from Rs 94.39 previously, while its yield moved up to 9.03% from 8.99%
The rupee ended at 62.38 compared with previous close of 62.42 per dollar
The overnight call money rate finished higher at 8.80 per cent from 8.70 per cent on Monday
Rises to near 2-week high
It was buoyed by hopes strong foreign fund flows would support local markets
While higher recoveries helped outscore public sector peers in the September quarter, the trend may be difficult to sustain
While higher recoveries helped outscore their PSU peers in Sept quarter, trend may be difficult to sustain given the large restructuring pipeline and weak macro environment
Rises nearly 1% on demand from foreign banks
Sources say RBI may go slow on removing cap on LAF for development of a proper money-market yield curve
Bullish sentiments in equity market help the rupee
A further sell-off will provide an opportunity to gradually accumulate for some trading gains
Traders wary of outcome as bonds chosen for OMO auction are illiquid
The currency may move in a range of 62.8-63.5 against the greenback
Over the short to medium term, valuations are more likely to move down than up
Present limits for investments by FIIs, QFIs and long term investors in govt securities and corporate debt stands at $30 billion and $51 billion
Rajan speak boosted sentiments; RBI intervention seen