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Posted April 10, 2015 by vivekhello4

The Indian rupee has opened marginally lower at 62.30 per dollar on Friday against previous day’s closing value of 62.24 a dollar.

 
GLOBAL MARKETS ROUNDUP
Asian shares advanced close to recent highs on Friday and the dollar stood tall after news that Greece had made a 450 million euro loan payment to the International Monetary Fund trimmed safety bids for U.S. government debt.

The S&P BSE Sensex was trading in a range on Friday, led by losses in HDFC, ITC, HDFC Bank, ICICI Bank, TCS and Bharti Airtel.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 28,885.21 (up 0.62 pct)
• NSE index 8,778.30 (up 0.73 pct)
• Rupee 62.24/25 per dollar (62.2375/2475)
• 10-year bond yield 7.77 pct (7.79 pct)
• 5-year OIS rate 7.08 pct (7.10 pct)
• 1-year OIS rate 7.57 pct (7.56 pct)
• Call money 7.50/7.55 pct (7.65/7.70 pct)

COMMODITIES
Gold remained near a one-week trough on Friday and was expected to end a three-week rally pressured by renewed expectations for a U.S. rate hike this year despite recent soft economic data.

Bullion has surrendered gains inspired by a weak U.S. employment report last week as Federal Reserve officials suggest a U.S. rate hike in June could still be in play, lifting the dollar to three-week highs versus a basket of major currencies.

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Issued By Market Magnify
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Last Updated April 10, 2015