MARKETS REPORTS
CORPORATE BONDS
CURRENCY
OUTLOOK/ Government securities
With risks to net borrowing requirement from budget on the upside, no major proposals to reduce CAD, depreciation pressure looms
Appreciation of dollar against other currencies overseas affects rupee
The move will allow them to cover currency risk, and will improve liquidity in India's currency exchanges
Selling of dollars by banks, exporters amidst sustained foreign capital inflows helps rupee
The partially convertible rupee closed at 53.86/87 per dollar compared with its previous close of 54.09/10
Renewed selling of dollars by banks, exporters due to sustained FII inflows mainly boosted rupee value against greenback
Selling of the US currency by exporters helps rupee
Forex dealers said, however, some capital inflows and weak dollar overseas cushioned rupee's fall to some extent
Month-end dollar demand from importers affects rupee
MARKETS REPORT