Rupee trades flat in opening trade1 min read . Updated: 03 May 2019, 09:20 AM IST
- The 10-year bond yield traded at 7.373% compared with Thursday's close of 7.387%
- So far this year, the rupee has weakened 0.7%
The Indian rupee was little changed on Friday, tracking subdued trade in other Asian currencies as the dollar climbed following higher US treasury yields. Volumes were thin in currency markets due to holidays in China and Japan.
At 9.15am, the rupee traded at 69.41 a dollar, down 0.06% from its previous close of 69.36. The Indian currency had opened at 69.40 a dollar.
The 10-year bond yield traded at 7.373% compared with Thursday's close of 7.387%.
So far this year, the rupee has weakened 0.7%. During the period, foreign investors bought $9.77 billion in equity and sold $301.3 million in debt market.
India's benchmark index Sensex rose 0.19% to 39,056.04 points. Year to date, the index has risen 8.22%.
Other Asian currencies traded lower. South Korean won was down 0.28%, Indonesian rupiah eased 0.2%, The Philippines peso 0.19% lower, Thai Baht was down 0.11%, and the Malaysian ringgit fell 0.09%.
(Bloomberg contributed this story)