Rupee And Bond Update - December 21, 2020: Reliance Securities 
Indian two thousand and five hundered rupee notes arranged for photogaph. (Photographer: Dhiraj Singh/Bloomberg)

Rupee And Bond Update - December 21, 2020: Reliance Securities 

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 Indian rupee ended on a very flat note this Friday against the U.S. currency.

Most of the Asian currencies were weak against the U.S. dollar this Friday and capped gains.

However, for the week the rupee appreciated against the U.S. dollar supported by a weak dollar and persistent inflows into local equities.

The rupee ended at 73.56 to the dollar on Friday compared with 73.60 in the previous session. For the week the local unit appreciated by 0.1%.

The benchmark 5.77% bond maturing in 2030 ended at 98.62 rupees, yielding 5.96%, against 98.67 rupees, yielding 5.95%, at the previous close.

Click on the attachment to read the full report:

Reliance Securities Currency Update - December 21 2020.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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