29 june 2005

rupee dips marginally - securities recover
mumbai: the rupee fell marginally on tuesday, closing the day at 43.52/53, down from monday's close at 43.4950/50.

forwards market: the 12-month contract closed at 1.31 per cent (1.34) and the six-month closed at 1.44 per cent (1.52).

g-secs: prices recovered after monday's fall of 40-70 paise, with the 7.37 nine-year 2014 paper, which is currently the most active paper, closing at rs103.20 (6.88 per cent ytm). the 7.55 five-year 2010 paper closed at rs103.85 (6.61 per cent ytm). the 7.38 ten-year 2015 benchmark paper closed at rs103.50 (6.89 per cent ytm), up from monday's close at rs103 (6.96 per cent ytm).

call rates: the inter bank rates opened higher at 6.00, but closed the day at 5.25-5.5 per cent.