Mumbai: The Indian rupee on Friday was little
change against the dollar as dealers avoided taking any dollar positions
in absence of any fresh global or local cues.
The dealers also avoided trading ahead of Reserve Bank of India (RBI) second quarter monetary policy review on Tuesday.
The rupee opened at 61.4950 per dollar against its Thursday’s close of 61.47.
The dollar index, which measures the US currency’s
strength against major currencies, was trading at 79.210, up 0.03% from
its previous close of 79.185.
The yield on India’s 10-year benchmark bond was trading at 8.589%, compared with its Thursday’s close of 8.586%.
At 9.08am, the Indian currency was trading at 61.5150,
down 0.07%. India’s benchmark Sensex was trading at 20,725.24 points,
unchanged from its previous closeTanay Tapas
PGDM 1 Year
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