London has overtaken Mumbai to become the top center for trading the rupee

The rupee is down 3.9% over the past month, making it the worst performer in Asia.

There’s a risk of crowding out investment with a widening of the budget gap.

Assets held by overnight funds totaled 137 billion rupees at the end of May.

The yield on the benchmark 2029 debt fell 5 basis points to 7.43 percent.

The withdrawals have been highest in corporate debt, totaling almost Rs 7400 crore.

The currency has tended to reverse course when it has rallied ahead of the vote.

The US lender is pitching for direct access for foreign companies to bid without an intermediary.

Rupee rose today, after RBI agreed to form a panel to study a govt demand for a part of its capital.

Developments in the bond and forex markets have complicated the monetary policy setting.

Crude prices have jumped 67 per cent since June, touching the $70 a barrel level.

The rupee will strengthen to as much as 62 per dollar by the end of 2018, said Shilan Shah.

Government banks are staring at a potential mark-to-market loss of 200 billion rupees.

Benchmark 10-year yields climbed to the highest since February 2016.

State lenders have been selling 4.7 billion rupees of government bonds on average every day.

Rupee surged as much as 1 per cent, the most intraday since mid-March, to 64.67 per dollar.

Bonds are adding to last year’s gains, during which the 10-year yield plunged 125 basis points, the most in Asia and its biggest drop in ei...