Rupee, bond prices fall after wholesale price inflation quickens - News Summed Up

Rupee, bond prices fall after wholesale price inflation quickens


The 10-year bond yield stood at 7.774%, up from its previous close of 7.727%. Photo: HTMumbai: The Indian rupee and bond prices erased all the morning gains and fell for a fourth trading session each as traders awaits key consumer price inflation data due after 5.30pm on Monday after wholesale price inflation unexpectedly quickened. The 10-year bond yield stood at 7.774%, up from its previous close of 7.727%. The WPI inflation stood at 2.47% in March and 3.85% in April last year. The government will announce consumer price inflation after 5.30pm.


Source: Mint May 14, 2018 03:45 UTC



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