Rupee Hits Lifetime Low: The Indian Rupee hit a lifetime low level of 80.43 on Thursday after US Fed’s decision to hike interest rate by 75 basis points yet again. The domestic currency opened at a record low of 80.2850 per US dollar, down from the previous close of 79.97.
Rupee Bond
Rupee Down 15 Paise To All-Time Low Of 79.60 Against US Dollar
The rupee declined 15 paise to close at a new lifetime low of 79.60 (provisional) against the US dollar on Tuesday as a strong greenback overseas and weakness in domestic equities continued to weigh on investor sentiments.
Rupee Bond Traders To Await Rs 26,000 Crore T-Bill Sale
Indian bond traders will look forward to a Rs 26,000 crore ($3.5 billion) Treasury-bill sale on Wednesday. Trading volumes may be muted ahead of the central bank’s monetary policy review on Thursday.
Rupee Bond Traders To Await RBI’s Reverse Repo
Indian rupee bond traders will look forward to the central bank’s liquidity-management operation Tuesday. The rupee may fall against the dollar as oil prices climb to a seven-year high.
Rupee Bond Traders To Weigh RBI Minutes, Auction
Rupee Bond Traders: Indian sovereign bond traders will assess the minutes of the central bank’s April meeting which focused on growth recovery and demand at a Rs 32,000-crore ($4.3billion) bond auction later on Friday.