The rupee recovered from its all-time low to rise 19 paise to 89.96 against the US dollar on Thursday, following weakness in the US dollar index and reports of the Reserve Bank of India’s supposed intervention.Forex traders said the dollar fell after ADP non-farm payrolls data came in sharply below expectations, and softness in the […]
Indian government bonds fell in early trade on Wednesday, giving back some of the previous session’s gains after data showed the investor category, which includes the Reserve Bank of India, was not a big buyer, countering market speculation. The benchmark 10-year yield stood at 6.5347% at 10:15 AM IST, down from 6.5155% at the end […]