The 10-year bond yield ended at 7.031%, compared to its previous close of 7.061%. The rupee opened at 64.47 a dollar and touched a high and a low of 64.39 and 64.50, respectively. Noting several upside risks to inflation, RBI raised its fiscal second half inflation estimate range marginally to 4.3-4.7%. The 10-year bond yield ended at 7.031%, compared to its previous close of 7.061%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 93.366, down 0.01%, from its previous close of 93.379.

Source: Mint December 06, 2017 03:45 UTC