1 Market mayhem continues, rupee breaches 67 against dollar ~ "TAKE NO AS A QUESTION "

Wednesday, 28 August 2013

Market mayhem continues, rupee breaches 67 against dollar


Market mayhem continues, rupee breaches 67 against dollar












Market mayhem continues, rupee breaches 67 against dollar
The partially convertible rupee was trading at a record low of 67.40/45 per dollar.





MUMBAI: The rupee fell below the 67 per dollar mark on Wednesday as uncertainty over a possible US-led military strike against Syria knocked down Asian equity markets and currencies, also pushing the domestic benchmark bond yield to 9 percent. 

The partially convertible rupee was trading at a record low of 67.40/45 per dollar, sharply below its close of 66.24/25 on Tuesday. 

The benchmark 10-year bond yield was up 22 basis points at 9 percent. 


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