Tuesday, 30 December 2014

31st Dec 2014 Forex Report

MARKET HEADLINES

www.researchvia.com

 
 Rupee rises after 4 sessions of losses on corporate dollar selling 
The rupee rebounded sharply on Tuesday after four consecutive sessions of losses as a weakening dollar prompted exporters to sell the US currency while a spurt in buying by foreign investors in domestic debt also helped. The partially convertible rupee rose to 63.47 to a dollar after touching a low of 63.79, while the 10-year benchmark bond yield fell 7 basis points to 7.86 percent.
 

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