Mumbai: Indian rupee strengthened marginally against the US dollar on Tuesday tracking Asian currencies which gained on optimism that a US-China trade deal will be signed soon. White House’s trade adviser on Monday said the US-China Phase 1 trade deal would likely be signed in the next week, but added that a confirmation would come from President Donald Trump or the US Trade Representative. The 10-year government bond yield was at 6.539% from its previous close of 6.548%. The benchmark equity index Sensex was at 41,462.88, down 0.23% from previous close. The dollar index, which measures the US currency’s strength against a basket of major currencies, was at 96.663, down 0.08% from its previous close of 96.740.

Source: Mint December 31, 2019 03:56 UTC