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E-mail ID will not be published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.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • India would have done well not to supress the 'Bofors interview'

    Bofors is one case that refuses to go away two-and-half decades after it grabbed public attention and became a byword for political corruption, claimi

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Varun Dutt

Biogas Potential in India

Biogas is a form of renewable energy produced from organic ...

Zehra Naqvi

Dignity of labour is dignity of life

M Rafi Khan, a retired police IG, used to ...

Gautam Gupta

Retailers have it tough, thanks to e-commerce

For the past few months our focus has been on ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture