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Reliance Securities Report
The Indian rupee depreciated on Friday as the dollar index extended yesterday's rebound amid the weak risk mood in the region.
The rupee ended at 73.01 to the dollar against 72.83 in the previous session.
However, for the week, the local unit appreciated aided by a slew of foreign dollar inflows and exporters' greenback sales. The rupee traded in a broad 72.58 to 73.78 range this week.
Another potential risk factor for the rupee this week was higher crude oil prices. Brent crude is up by 3% this week.
The benchmark 5.85% bond maturing in 2030 ended at Rs 97.23, yielding 6.23%, against Rs 97.37 and 6.21% yield at previous close.
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