Photo: MintMumbai: The Indian rupee and bond prices erased all the morning gains and closed lower on Monday ahead of the key gross domestic product (GDP) data. The home currency closed at 64.80, down 0.09% from its previous close of 64.73. The local currency opened at 64.70 a dollar and touched a high and a low of 64.63 and 64.83 respectively. Bond yields and prices move in opposite directions. The dollar index, which measures the US currency’s strength against major currencies, was trading at 89.714, down 0.19% from its previous close of 89.883.

Source: Mint February 26, 2018 03:45 UTC