Monday, July 06, 2009

Rupee weakens, bond yields slip ahead of budget


MUMBAI (Reuters) - The rupee edged lower in early deals on Monday as investors pared
positions ahead of the 2009/10 federal budget to be presented at 11 a.m.
At 9:07 a.m. (0337 GMT), the partially convertible rupee was at 47.96/97 per dollar, weaker
than Friday's close of 47.89/91.
The 6.07 percent bond maturing in 2014 which was the most actively traded on Monday
eased to 6.21 percent from 6.23 percent at the close on Friday.
source : http://in.biz.yahoo.com/090706/137/batu8x.html

No comments: