Rupee And Bond Update - August 26, 2021: Reliance Securities

Rupee And Bond Update - August 26, 2021: Reliance Securities

Mahatma Gandhi is depicted on 100 Rupee notes in an arranged photograph in Mumbai, India (Photographer: Scott Eells/Bloomberg News)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities Report

The rupee ended at 74.19 versus the dollar compared with 74.21 in the previous session.

The rupee initially strengthened to an intraday high 74.11 supported by the strength in regional counterparts that appreciated taking cues from equities.

The benchmark 6.10% bond maturing in 2031 ended at Rs 98.96, yielding 6.24%, against Rs 98.90 and 6.25% yield at previous close.

Click on the attachment to read the full report:

R Securities Currency - August 26, 2021.pdf
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