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Traders to look out for rupee extending rally; bond yields may see uptick
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Traders to look out for rupee extending rally; bond yields may see uptick

TheSpuzz Desk6 days ago5 days ago06 mins

Source: Live Mint By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) -Traders will gauge likelihood of the Indian rupee extending its rally this week as reignited worries about U.S. trade tariffs, alongside lingering fiscal concerns hurt the dollar, while bond yields may move up after the central bank’s surplus transfer. The rupee closed at 85.2125…

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Traders to look out for rupee extending rally; bond yields may see uptick
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Indian Banking Liquidity Deficit Hits Highest in Six Months

TheSpuzz Desk6 months ago04 mins

Source: Live Mint (Bloomberg) — The liquidity deficit in the Indian banking system hit the highest in nearly six months on advance tax payments by companies and likely dollar sales by the central bank to curb rupee volatility.  The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was…

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