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Opening of Rupee is marginally higher than USD
Posted on: 09/Oct/2017 6:50:08 PM
The trading of Indian rupee against US dollar has seen a slight shift ahead of the macroeconomic data that is due on 12th October.
At 02.05 p.m. today, the trading amount of home currency was 65.36. This is 0.02 per up against US dollar from the Friday closure that was 65.37. The opening of rupee was 65.40 a dollar.
The Index of Industrial Production and Consumer Price Index shall be issued by the government on 12th October. This will be based on the inflation data obtained in August and September.
There was 0.22 percent or 70.35 points increase in the BSE benchmark index, increasing up to 31,884.57. The Sensex has so far gained up to 19.5 percent.
About 6.758 percent is the yield with the 10-year bond, as set against the previous closure of 6.757 percent. The movement of bond yield and prices are in opposite directions.
For this year, so far, about 4 percent gain is observed with rupee, while the foreign institutional investors have made $5.26 billion in equity and $20.82 billion in debt.
The trading of Asian currencies is observed to be high. The China Renmin be was increased by 0.35 percent, China offshore by 0.35 percent, Thai baht by 0.14 percent and Malaysian ringgit by 0.11 percent.
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