Indian Rupee Closes At 75.90 Against U.S. Dollar
Rupee Closes Flat, Pares All Intraday Gains
The Indian rupee closes flat at 75.90/$ after paring all gains during the day. The equity market rose for the second week in a row, as it snapped a three-day losing streak after RBI's decision to keep policy rates unchanged.
Crude continued to trade below $100 a barrel.
10-Year Yield Surges 21bps To End At 7.120%
Rupee Pares All Gains
The Indian rupee pared all gains to trade at 72.93 against the U.S. dollar.
The equity market, however, rebounded to the day's high. Crude remained stable below $100 a barrel.
Rupee Trims Gains
The Indian rupee depreciated 0.34% to 75.86 against the dollar.
The domestic equity market, too, came off its day's high. Crude continued to trade below $100 a barrel.
Rupee Holds On To Early Gains
The Indian rupee held on to early gains to trade at 75.76 a dollar.
The equity market was volatile after India's six-member MPC voted to keep the repo rate and reverse repo rate unchanged.
Crude prices remained below $100 a barrel.
Rupee Extends Opening Gains
The Indian rupee gained 0.30% to trade at 75.76 against the U.S. dollar.
The equity market traded volatile after the Monetary Policy Committee review. India's six-member MPC voted to keep the repo rate and reverse repo rate unchanged.
Crude prices remained below $100 a barrel.
