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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.
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