Rupee trades lower against US dollar, bond yield rises - News Summed Up

Rupee trades lower against US dollar, bond yield rises


The 10-year bond yield was at 7.348% compared to its previous close of 7.307%. Photo: MintMumbai: The Indian rupee and bond prices on Monday fell marginally after the government presented economic survey report. The rupee opened at 63.59 a dollar and touched a high and a low of 63.49 and 63.62, respectively. The 10-year bond yield was at 7.348% compared to its previous close of 7.307%. All eyes will be on what the government projects it’s fiscal deficit to be for fiscal 2019.


Source: Mint January 29, 2018 03:56 UTC



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