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Rupee ends higher, bonds close lower
 
2006-10-17 17:39   Source : Moneycontrol.com

The rupee ended higher on dollar supplies from exporters, offshore arbitrage opportunities.

The spot rupee closed higher at Rs 45.27 against its previous close of Rs 45.44.

The widely traded 7.59%, 2016 paper ended lower at Rs 99.41 against its previous close of Rs 99.45.

Bond ended down as concerns over rate hike by RBI became stronger in the run-up to monetary policy on October 31. Fear of liquidity falling added to fall in prices.

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