Pressure on rupee continues in Samvat 2082; 10-year bond yields harden
Business Standard · Aathira Varier ·
The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points
The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points
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The rupee remained under pressure during Samvat 2082, depreciating by 6.37 per cent against the dollar, as global uncertainties, foreign portfolio investor (FPI) outflows and a widening trade deficit weighed on the domestic currency. The Indian unit fell 4.4 per cent against the dollar in the previous Samvat.
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