The 10-year bond yield stood at 7.89% from its Friday’s close of 7.85%. Photo: MintMumbai: The Indian rupee on Monday erased all the morning gains and was trading marginally lower against US dollar as traders turned cautious ahead of Reserve Bank of India’s bi-monthly policy outcome on 6 June. At 2pm, the rupee was trading at 67.12 against the US dollar, down 0.07% from its previous close of 67.06. The 10-year bond yield stood at 7.89% from its Friday’s close of 7.85%. South Korean won was up 0.42%, Singapore dollar 0.22%, Indonesian rupiah 0.20%, Thai Baht 0.16%, Philippines peso 0.08%, Taiwan dollar 0.07%.

Source: Mint June 04, 2018 03:45 UTC