Rupee rise continues
Mumbai: The rupee gained 1.01 per cent to end the week at a new three-year closing high of 45.39/40 per dollar on strong inflows from foreign funds investing in domestic shares and sales by exporters.

The benchmark 10-year 7.27 per cent gilt hit a lifetime low of 5.138 per cent on 1 October as the RBI, on 29 September, announced that the government will raise only Rs 25,000 crore as against the budgeted Rs 59,888 crore in the second half of 2003-04. This security finished the week at an yield of 5.156 per cent (Rs 116.25) as against Monday's closing level of 5.242 per cent (Rs 115.52).
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