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Август
2022

Rupee firms to over 3-week high; yields little changed

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The partially convertible rupee was trading around 79.15 per dollar in early morning trade, its strongest since July 7, compared to a close of 79.25 on Friday. India's 10-year government bond yields were little changed at 7.2983% after dropping by 9 basis points last week to 7.3196%. Markets now look towards the Reserve Bank of India's monetary policy decision on Friday where a 35-50 point basis point rate hike was expected.














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