Join our Whatsapp channel The Indian rupee slipped to a record low and government bond prices rose on Tuesday, as the appointment of career bureaucrat Sanjay Malhotra as the next Reserve Bank of India( RBI) governor raised expectations of rate cuts. The rupee fell to 84. 8550 per US dollar, surpassing its previous all-time low of 84. 7575 hit last week, while the 10-year bond yield fell 2 basis points to 6. 6954 per cent....
Yields move inversely to bond prices. India’s five-year overnight inde
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2024-12-10 00:00:00.0