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Reliance Securities Report
The Indian rupee appreciated marginally against the U.S. dollar on Wednesday, as regional currencies recovered from yesterday's selloff triggered by the new coronavirus variant.
The rupee ended at 73.78 compared with 73.84 in the previous session.
The dollar Index was weak in this Wednesday afternoon trade as fresh uncertainty over the U.S. fiscal stimulus package and government funding, triggered by President Donald Trump lifted regional sentiments.
The benchmark 5.77% bond maturing in 2030 ended at 98.69 rupees, yielding 5.95%, against 98.68 rupees, yielding 5.95%, at the previous close.
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