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19-Apr-2024 17:44 Hrs IST |
Rupee appreciates against dollar on Friday
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<p style="text-align: justify;">Indian rupee ended higher against the U.S. dollar on Friday tracking a strong rebound in domestic equities. Investors got support as India's Economic Affairs Secretary Ajay Seth to World Bank has said that despite a challenging global scenario, India's economy has shown robust growth over the past year backed by sustained consumption and investment demand. Traders overlooked the report that India's trade deficit with the Association of Southeast Asian Nations (ASEAN) has surged, more than doubling since the implementation of the Free Trade Agreement (FTA) in 2010. According to figures released by the Ministry of Commerce and Industry, India's exports to ASEAN member countries stood at $25,627.89 million in the year 2010-11, while imports from these nations amounted to $30,607.96 million. On the global front, the pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran.</p><p style="text-align: justify;">Finally, the rupee ended at 83.47 (Provisional), stronger by 5 paise from its previous close of 83.52 on Thursday. The currency touched a high and low of 83.58 and 83.46 respectively.</p>
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19-Apr-2024 15:05 Hrs IST |
Call rates edge higher at end of first week of reporting cycle
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<p style="text-align: justify;">Interbank call rates, the rates at which banks borrow short-term funds from each other, were trading higher at 6.54% from its previous close of 6.47% on Thursday, as demand remained on the higher side at the end of first week of reporting cycle. </p><p style="text-align: justify;">The overnight borrowing rates touched a high and low of 6.65% and 5.00% respectively.</p><p style="text-align: justify;">According to the Clearing Corporation of India (CCIL), the weighted average rate (WAR) in the call money market was at 6.35% on Friday and total volume stood at Rs 172518.98 crore, so far.</p><p style="text-align: justify;">As per CCIL data, WAR in the TREP (Triparty Repo) market was 6.38% on Friday and total volume stood at 357330.85 crore, so far.</p><p style="text-align: justify;">The indicative call rates which closed at 6.47% on Thursday, were contributions made from Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Credit Agricole Bank, IndusInd Bank, ICICI Bank, ICICI Securities, IDBI Bank, Jammu and Kashmir Bank, Punjab National Bank, RBS, Societe Generale, Standard Chartered, so far.</p>
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19-Apr-2024 14:39 Hrs IST |
NSE Corporate Bonds Trading report
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19-Apr-2024 14:36 Hrs IST |
OTC trade data of government securities as on April 18
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19-Apr-2024 14:35 Hrs IST |
Bond yields edge higher on Friday
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19-Apr-2024 11:38 Hrs IST |
Rupee trades flat against US dollar
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18-Apr-2024 18:38 Hrs IST |
OTC trade data of government securities as on April 16
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18-Apr-2024 17:38 Hrs IST |
Rupee ends higher against greenback on Thursday
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18-Apr-2024 17:02 Hrs IST |
NSE Corporate Bonds Trading report
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18-Apr-2024 15:07 Hrs IST |
Call rates edge higher on Thursday
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