New Delhi: The rupee on Wednesday opened 8 paise up at 64.25 against dollar on account of selling of American currency by banks and exporters.
The local currency on Tuesday settled 20 paise down at 64.33 a dollar. The RBI, meanwhile, fixed the reference rate for the dollar at 64.1769 and for the euro at 77.0187.
Meanwhile, domestic equity markets opened in green following mixed global cues. The BSE Sensex opened 64.73 points, or 0.20 per cent, up at 32467.10, while NSE Nifty index opened 13.40 points, or 0.13 per cent, up at 10160.95.
Foreign portfolio investors stood net sellers in domestic equity markets and sold shares worth Rs 83.16 crore with gross purchases and gross sales of Rs 3385.13 crore and Rs 3468.29 crore, respectively.
Government bonds rose for the first time in five sessions on Tuesday, amid some value buying, even as investors await the outcome of the US Federal Reserve’s policy meeting, due later in the day.
The GoI benchmark 6.79% 2027 bond yield declined to 6.59 per cent on September 19 from 6.61 per cent in the previous session.
Inputs: Economictimes.indiatimes.com