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Home » News » Overnight respite in India-Pak conflict: Rupee strengthens, bond yields soften

Overnight respite in India-Pak conflict: Rupee strengthens, bond yields soften

Jessica BrownBy Jessica Brown Business
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The rupee opened 70 strongest lands at 84.67 per US dollar, compared to the previous closure of 85.37 and the security performance of the 10-year reference government (G-SEC) defrost approximately 5 basic points between India and Pakistan down.

“We hope that the rupee changes a range of 84.40-84.90 with a slight strengthening bias,” IFA Global said in a report.

The USD-INR torque tested a high/ low of 84.9725/ 84.65 so far in intradic operations. The rupee is currently traded at 84,9025 per USD.

The 10-year benchmark G-SEC is currently quoted with a yield of 6.33 percent compared to the previous closure of 6.38 percent.

Posted on May 13, 2025

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