Rupee dips further
- bonds down as well
Mumbai: The rupee and the bond markets continued their downward movement
on Thursday, with the rupee ending at 43.6550/6650 against the US dollar slightly
lower than Wednesday's close of 43.62/63.
Forwards market: The 6-month premium closed at 1.47 per cent (1.54
per cent) and the 12-month at 1.30 per cent (1.34 per cent).
G-Secs: The 7.38 per cent 10 year benchmark paper closed at
Rs105.10 (6.69 per cent YTM) as against Wednesday's close of Rs105.62 (6.64
per cent YTM).
Call rates: The inter bank rates closed at 4.7880 (4.75 per cent).
CBLO market: 189 trades aggregating Rs5,385.65 crore was put through
in the rate range of 4.00 to 5.00 per cent.
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Bank and Euronet tie up for ATM management
Mumbai: The Centurion Bank has tied up with Euronet Services India
for ATM outsourcing and deployment for a period of five years. Euronet is
an electronic payments provider.
The bank said that it would gain from the domain experience of Euronet in
this field. It would also result in tangible savings for the bank.
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