Rupee And Bond Update - January 27, 2021: Reliance Securities
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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.
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