By laksh5382 
Photo credit appreciated today in the background of a weak dollar index: RVIMages
The rupee appreciated around 27 money on Tuesday on Tuesday, which closed above a mark of weak dollars and 86 per dollar between domestic equity markets, even the market of government securities (G-SEC) saw a light rally behind the easy liquidity and the expectation of higher rate cuts by the RBI is due to restless inflation.
Indian Unit (INR) closed at US $ 85.7725 per USD (USD) against the previous shutdown of 86.04 (on 11 April (April 11WanThe rupee opened strong at 85.8750 per USD, approximately 17 money high vs. last close, and tested high/low of 85.58/85.8750.
“The rupee today appreciated the backdrop of a weak dollar index. The premium between India and the US also came down due to the difference difference. The yield of the American Treasury is sticky, while our G-second yield is soft.
Melting
The yield of benchmark 10-year-old government safety (6.79 percent GS 2034) was closed at a three-year low of a three-year low of 6.41 percent (from the previous close of 6.44 percent) in view of adequate liquidity, last week RBI announced that it would organize a G-section purchase on the April 17 40,000 agreement.
Overall, the benchmark safety yield has softened on March 28 to 17 basis points (with its price by about one rupee).WanLast trading day of FY25.
Reddy said that the recent 25 -basis points cut in repo rate, change in stance, change in approach of monetary policy and continuing liquidity injection measures in the form of OMO procurement are have a soft impact on yields.
Nuwama Wealth saw in a report that the 10-year-old benchmark opened a sharp decline in Treasury yields overnight, along with the Omo procurement announcement of ₹ 40,000 crore (to be held on April 17).
“CPI inflation was a yield of yield ahead of the release. Headline inflation was 3.34 percent vs. 3.5 percent (expected) and 3.6 percent previous, consistent disintegration in food (help by sharp recession in vegetable prices) with 3.34 percent vs. 3.5 percent (expected) and 3.6 percent.
“Following inflation data, some profit booking was seen with core CPI inflation, which was more than 4.2 percent (run by health, transport, communication and education segments). However, it was not reverse in yields. The 10y point closed the trade at 6.41 percent versus 6.44 percent.”
Published on 15 April 2025