BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities Report

The Indian rupee ended on a very flat note this Friday against the U.S. currency.

Most of the Asian currencies were weak against the U.S. dollar this Friday and capped gains.

However, for the week the rupee appreciated against the U.S. dollar supported by a weak dollar and persistent inflows into local equities.

The rupee ended at 73.56 to the dollar on Friday compared with 73.60 in the previous session. For the week the local unit appreciated by 0.1%.

The benchmark 5.77% bond maturing in 2030 ended at 98.62 rupees, yielding 5.96%, against 98.67 rupees, yielding 5.95%, at the previous close.

Click on the attachment to read the full report:

Reliance Securities Currency Update – December 21 2020.pdf

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