The states continue to pay higher coupons to their debt investors, reflecting the overall hardening of the rates which jumped to 7.63 per cent at the latest weekly auctions held on Tuesday. Accordingly, the spread between the cut-off of 10-year state bonds and Central bonds or G-secs yields widened to 48 basis points, the highest […]
By Amit Pabari After consolidating for almost 2 years in the range of 72.30 to 77.00 zone, the Indian Rupee approached to test fresh all-time low against USD. The factors which took it from 74.50 to 77.00 mark were obviously higher crude oil prices led by the Russia-Ukraine crisis, risk-off led stronger US dollar and […]
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