INSUBCONTINENT EXCLUSIVE:
Bond markets showed a mixed trend on Monday.A sharp fall in global crude prices over the last few days also came as a breather for the rupee
Besides, investor sentiments also took a hit by India's trade deficit widening to a four-month high of $14.62 billion in May due to higher
barrel in early Asian trade
Bond markets, however, showed a mixed trend, while the 10-year benchmark bond yield settled slightly lower at 7.88 per cent as compared to
into individual large corporates, that can help attract more overseas flows and thereby help arrest the recent fall in the rupee on one hand
pressure, the local unit lost further ground to test a low of 68.18 briefly in mid-morning deals
But, it later reverted the initial negative momentum and managed pull back to hit a fresh intra-day high of 67.94 towards the tail-end trade
at 68.0248 and for the euro at 78.8543
The dollar index, which measures the greenback's value against the basket of six major currencies, was down at 94.41 after scaling a high
enact tariffs on $50 billion in Chinese goods was the latest salvo in a widening trade dispute between the world's biggest economies,
The benchmark six-month forward premium payable in October edged down to 104-106 paise from 105.50-107.50 paise and the far-forward April
TheIndianSubcontinent staff and is published from a syndicated feed.)
