India currency, debt markets closed on April 1

India’s currency and debt markets will be closed on Monday, April 1, for a holiday and will resume trading on Tuesday, April 2.

The markets were also closed on Friday.

The Indian rupee fell by a slight 0.03% to close at 83.40 per U.S. dollar on Thursday, pressured by weak Asian peers and strong dollar demand from local companies.

The benchmark 10-year bond ended at 7.0556% on Thursday, below its previous close of 7.0927%, after the government’s lower-than-expected borrowing plan for April-September.



Source link

Leave a comment