Currency, bond markets closed for holiday

Currency, bond markets closed for holiday
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First Published: Fri, Mar 27 2009. 11 11 AM IST
Updated: Fri, Mar 27 2009. 11 11 AM IST
Mumbai: Indian bond and currency markets are closed on Friday for a local holiday. Trading resumes on Monday.
The partially convertible rupee ended at Rs50.59/61 per dollar on Thursday off a high of Rs50.46 but up 0.3% from the previous close.
The 10-year federal bond yield ended at 7.02%, its highest close since 13 March and sharply up from Wednesday’s close of 6.77%, after the government said it would borrow a higher-than-expected $47 billion in the first half of 2009/10.
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First Published: Fri, Mar 27 2009. 11 11 AM IST
More Topics: India | Rupee | Bond | Currency | Markets |