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So far this year, the rupee has fallen by 13.23%, while foreign investors have sold $ 4.51 billion and $ 8.61 billion, respectively, on equity and debt markets. Photo: Reuters
The Indian rupee opened slightly lower against the US dollar on Friday, reflecting losses on local stock markets and Asian currencies. At 9:10, the national currency traded at 73.63 dollar, up 0.18% from its close of 73.61 on Wednesday. The currency was opened at 73.62 dollars the US dollar. Markets were closed Thursday because of Dussehra. The 10-year gilt yield was 7.887% compared to the previous closing of 7.912%. Bond yields and prices move in opposite directions.
0.11% or 36.53 points to 34,816.11 points, since the beginning of the year up 2.12%
This year, the rupee fell 13.23% while foreign investors sold $ 4.51 billion and $ 8.61 billion in equity and debt markets. , respectively.
Asian currencies show a global aversion to risk and concern over the persistent weakness of the yuan. The Indonesian rupiah lost 0.18%, the Japanese yen 0.16%, the Malaysian ringgit 0.11%. However, the Singapore dollar was up 0.18%, the South Korean won 0.09%, Thai baht 0.06%, China offshore 0.06%. from its previous close of 95.90.
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