Today Rupee rises 3 paise to 67.79 against dollar in early trade
The Indian rupee on Monday was trading little changed against the US dollar. Trade is likely to be thin because many dealers are on year-end holiday.
The home currency opened at 67.81 against the US dollar. At 9.15am, the rupee was trading at 67.82 per US dollar, up 0.01% from its previous close of 67.83. So far this year, it has fallen 2.44%.
India’s benchmark Sensex index was trading at 26,056.17 points, up 0.06% or 15.47 points from its previous close. So far this year, it has down 0.3%
The benchmark 10-year government bond yield was trading at 6.54% compared to Friday’s close of 6.544%. Bond yields and prices move in opposite directions.
So far this year, foreign institutional investors have bought $3.65 billion in equities and sold $6.54 billion in debt.
Asian currencies were trading higher. South Korean won was up 0.26%, Japanese yen 0.18%, Taiwan dollar 0.16%, Indonesian rupiah 0.13%, China Offshore 0.08%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 102.96, down 0.05% from its previous close of 103.01.
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