Rupee, bonds rally after better-than-expected CPI

Tags: Rupee, News
The rupee and bonds rallied on Thursday after retail inflation data released after market

RELATED ARTICLES

hours on Wednesday came in above expectations, but further sharp gains are unlikely as investors expect the RBI to keep rates on hold in April, dealers said.

The partially convertible rupee was trading at 60.94/95 per dollar versus its last close of 61.2150/2250.

The benchmark 10-year bond yield was trading at 8.70 percent after opening at 8.68 percent, according to the central bank's reporting platform data. It had closed at 8.72 percent on Wednesday.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi’s new listing norms should protect small investors

    There has been a long-standing debate on what should be the liability of individual promoters and directors in case a company does not meet its obliga

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Rajgopal Nidamboor

The biology behind cultivated wisdom

We are our habits and our behaviour. We are our ...

Gautam Gupta

Why must innerwear be our best kept secret?

While women’s outerwear rules the marketing roost in India, unfortunately, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture