Rupee And Bond Update - January 27, 2021: Reliance Securities 
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India(Photographer Dhiraj Singh/Bloomberg)

Rupee And Bond Update - January 27, 2021: 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 appreciated against the U.S. dollar this Monday tracking gains in regional currencies and on foreign inflows into local equities.

The rupee ended at 72.94 compared with 72.98 in the previous session. The rupee had initially appreciated to 72.89 earlier in the session.

Most Asian currencies were stronger against the dollar despite the Greenback showing resilience this Monday.

The benchmark 5.77% bond maturing in 2030 ended lower at Rs 98.67, yielding 5.96%, against Rs 98.77 and 5.94% yield at previous close.

Click on the attachment to read the full report:

Reliance Securities Currency Update - January 27 2021.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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