The rupee ended up 0.45% last week at 81.3175 per dollar but underperformed its Asian peers due to strong demand for the greenback from corporates.
India's benchmark 10-year bond yield declined 8 basis points to 7.2215% in tandem. Its movement this week will be highly dependent on the central bank's commentary. "But the lower range may be difficult to sustain," the trader added, expecting bond yields to stay in the 7.15%-7.30% band for the week.
Source: Loan Digest (loandigest.net)
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