Rupee trades flat at 69.19 a dollar1 min read . Updated: 15 Apr 2019, 09:29 AM IST
- So far this year, the rupee has gained 0.7%
- The 10-year bond yield was trading at 7.399%, down from its Friday's close of 7.406%
The Indian rupee on Monday was trading little changed against the US dollar, tracking mixed Asian currencies following a report that said the US has softened some of its demands for a trade deal with China.
At 9.15am, the rupee was trading at 69.19 a dollar, down 0.01% from its previous close of 69.18. The home currency opened at 69.11 a dollar.
The 10-year bond yield was trading at 7.399%, down from its Friday's close of 7.406%. Bond yields and prices move in opposite directions.
So far this year, the rupee has gained 0.7%, while foreign investors have bought $8.62 billion in equity and $340 million in debt market.
India's benchmark Sensex rose 0.10% to 38805.54 points. Year to date, it rose 7%.
Asian currencies were trading mixed. South Korean won was up 0.5%, Indonesian rupiah 0.37%. However, China renminbi was down 0.09%, Philippines peso 0.05%.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 96.18, up 0.02% from its previous close of 97.177.
(Bloomberg contributed this story)