21 october 2004

rupee firm; gilts move up
mumbai: the rupee rose ended stronger against the dollar at 45.76/77 on wednesday. the currency had closed at 45.80/81 per dollar in the previous closing session.

forwards market: the six-month forward closed at 2.67 per cent (2.55 per cent) and the twelve-month forward finished at 2.12 per cent (2.09 per cent).

call rates: the inter-bank market rates rose as high as 5.00 per cent before settling to close at 4.70-4.75 per cent.

g-secs: the 7.38 per cent 2015 paper closed at rs104.65 at a yield of 6.76 per cent. the 6.65 per cent 2009 paper ended at rs101.50 as compared to previous closing level of rs101.45.