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So far this year, the rupee has weakened by 7%, while foreign investors have sold $ 605.80 million and $ 6.18 billion respectively on equity markets and debt. 19659002] Mumbai: The Indian rupee fell slightly against the US dollar on Monday, recording losses in Asian currency: at 9:15, the rupee was trading at $ 68.73, down 0.10 % from its previous close of 68.66. Traders are cautious in anticipating the results of the Reserve Bank of India (RBI) bi-monthly policy on August 1: the RBI's monetary policy committee could raise its key rates by 25 basis points on Wednesday, but should remain neutral According to economists, the 15 economists interviewed by Mint 12 expect RBI to increase the key repo rate, the rate at which it lends to advertising. banks, at 6.5% Only three economists expect RBI to keep rates unchanged at 6.25%.
The yield on 10-year bonds is 7.781%, compared to 7.78% on Friday. Bond yields and prices move in opposite directions
The Sensex benchmark rose 0.32% or 118.06 points to 37,454.91. Since January, it has gained 9.6%.
So far this year, the rupee has weakened by 7%, while foreign investors have sold respectively $ 605.80 million and $ 6.18 billion in equity markets and debt.
. China Offshore spot down 0.41%, renminbi 0.34% in China, Malaysian ringgit 0.13%, Thai baht 0.1%, Singapore dollar 0.09%, Taiwan dollar 0.08%, yen Japanese 0.07%. the strength against major currencies, traded at 94,726, up 0.06% from its previous close of 94,669.
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