Rupee And Bond Update - April 19, 2021: Reliance Securities
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Reliance Securities Report
The Indian rupee appreciated on Friday against the U.S. dollar tracking softening yields and firm risk appetite in the region. Reserve Bank of India’s intervention also aided the local unit.
The rupee ended at 74.35 compared with 74.92 in the previous session.
It strengthened by 0.8% this Friday and 0.5% this week.
The one-year forward premium was at 3.55 rupees, against 3.51 rupees in the previous session.
The benchmark BSE Sensex and the broader NSE index rose 0.06% and 0.25%, up for a third consecutive session on Friday.
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