The rupee was trading steady against the dollar after opening higher at 55.29 from yesterday’s close of 55.50 on strong Asian markets.
At 2.00 pm, the domestic unit was trading at 55.25 on higher dollar selling by foreign banks and exporters.
The rupee had lost 38 paise against the dollar yesterday on fresh dollar demand from oil importers and banks.
In the early trade, the currency had moved in a steady range of 55.35 to 55.27 on the Interbank Foreign Exchange market.
Call Rates and G-Secs
The interbank call rates were trading steady at 8.05 per cent after touching an intra-day high of 8.15 per cent. The call money market had closed at 8.10 per cent on Wednesday.
The 9.15 per cent government bond maturing in 2024 was trading slightly lower at Rs 106.47 from Rs 106.49, while its yield was steady at 8.29 per cent from Wednesday’s close.
The 8.15 per cent bond maturing in 2022 was trading marginally lower at Rs 100.47 from Rs 100.55, while its yield was at 8.07 per cent from 8.06 per cent yesterday.
