Monday, July 06, 2009

Rupee weakens, bond yields slip ahead of budget

july6, 2009
MUMBAI: 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. Forex ConverterConvertRs.ToUS DollarCAN DollarChinese YuanEuroHK DollarIndonesian RupiahJapanese YenKorean
WonKuwaiti DinarMalaysian RinggitRussian RoubleSing DollarSwiss FrancUAE DirhamUK Pound At 9:07 a.m., 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://economictimes.indiatimes.com/Markets/Forex/Rupee-weakens-bond-yields-slip-ahead-of-budg
et/articleshow/4742888.cms

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