Rupee And Bond Update - June 09, 2021: Reliance Securities
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Reliance Securities Report
The Indian rupee depreciated marginally on Tuesday against the U.S. dollar amid importer covering and a rebound in the dollar index.
The rupee ended at 72.89 compared with 72.80 in the previous session.
Indian equities ended lower today, while Asian currencies were mostly weaker against the greenback and weighed on sentiments.
Reopening of economies and dovish Fed continue to keep dollar upside limited and lent support.
The benchmark 5.85% bond maturing in 2030 ended at Rs 98.88, yielding 6.01%, against Rs 98.77 and 6.02% yield at previous close.
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