Rupee strained by Trump tariffs; bonds await RBI's policy decision

Quick Summary:

There was little impact on the rupee from India's federal budget on Saturday.

Traders expect the yield to be in the 6.62 per cent-6.74 per cent range till the RBI's policy decision.

Sentiment was also positive after the central bank more than doubled its net purchases of bonds in the secondary market for week ended Jan.24.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaChinaMexico

Topics: Rupee Rupee vs Dollar Govt bonds Bonds RBI MPC Indian Rupee

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 08:51:51 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 682 words

Reading Time: 4 minutes read

Sentences: 29 lines

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Copyright Owner: © Business Standard

News ID: 25761625

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