Rupee down a paisa
Mumbai: The domestic currency closed at 43.64/65 in its value against the dollar, declining by a paisa from last Thursday's finish of 43.63/64.
G-Secs - The 8.07 per cent 2017 was up 20 paise to trade at Rs 125.30. The yield fell two basis points to 5.31 per cent.
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Allahabad Bank raises FCNR deposit rates
Kolkata: Allahabad Bank has revised upward the interest rates on Foreign Currency Non-Resident (FCNR) deposits with effect from April 5, according to a press release issued by the bank.
The revised rates for US$ are 1.25 per cent (earlier 1.14 per cent) for one year to less than two years, 1.94 per cent (1.77 per cent) for two years to less than three years and 2.5 per cent (2.34 per cent) for three years.

For deposits in British pounds, the revised rates are 4.6 per cent (4.37 per cent) for one year to less than two years, 4.76 per cent (4.56 per cent) for two years to less than three years and 4.86 per cent (4.68 per cent) for three years. For deposits in euro, the corresponding rates are 1.94 per cent (1.91 per cent), 2.29 per cent (2.26 per cent) and 2.65 per cent (2.59 per cent).
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