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09-Dec-2019   17:19 Hrs IST Rupee appreciates for fourth consecutive session on Monday <p align="justify">Indian rupee ended stronger against dollar for the fourth straight day on Monday, on increased selling of the US currency by exporters and banks. Investors got support with Former Union minister Suresh Prabhu's statement that startups are going to play a vital role in making India a $5 trillion economy. He also said ‘so, when we talk about $5 trillion economy, it will be largely from the startups. It is inevitably bound to happen all over the world, thankfully our prime minister realised it and had that vision to understand the changing economic scenario of the Indian economy.' Dollar losing sheen against some other currencies overseas also supported the forex sentiment. However, gains remain capped as anxiety remained among the traders with IHS Markit in its latest report stating that India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5% as the impact of stimulus measures will take time to filter through to the economy. On the global front, British pound hit 31-month highs against the euro on Monday and hit seven-month highs against the U.S. dollar amid growing confidence about a Conservative Party victory in Thursday's U.K. elections, which would end political paralysis on Brexit.<p align="justify">Finally, the rupee ended at 71.04, 15 paise stronger from its previous close of 71.20 on Friday. The currency touched a high and low of 71.27 and 71.02 respectively. The reference rate for the dollar stood at 71.31 and for Euro stood at 79.19 on December 06, 2019. While the reference rate for the Yen stood at 65.61, the reference rate for the Great Britain Pound (GBP) stood at 93.87.&nbsp; </p>
09-Dec-2019   15:46 Hrs IST Call rates edge higher with the start of fresh reporting cycle <p align="justify">Interbank call rates, the rates at which banks borrow short-term funds from each other, were trading higher at 4.98% from its previous close of 4.69% on Friday as demand picked up momentum with the start of fresh reporting fortnight.</p><p align="justify">The overnight borrowing rates touched a high and low of 5.25% and 3.70% respectively.</p><p align="justify">According to the Clearing Corporation of India (CCIL), the weighted average rate (WAR) in the call money market was at 4.83% on Monday and total volume stood at Rs 66878.69 crore, so far.</p><p align="justify">As per CCIL data, WAR in the TREP (Triparty Repo) market was 4.90% on Monday and total volume stood at Rs 184772.15 crore, so far.</p><p align="justify">The indicative call rates which closed at 4.69% on Friday, were contributions made from Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Credit Agricole Bank, IndusInd Bank, ICICI Bank, ICICI Securities, IDBI Bank, Jammu and Kashmir Bank, Punjab National Bank, RBS, Societe Generale, Standard Chartered, so far.<br></p>
09-Dec-2019   15:02 Hrs IST Bond yields trade higher on Monday
09-Dec-2019   14:58 Hrs IST NSE Corporate Bonds Trading report
09-Dec-2019   14:19 Hrs IST OTC trade data of government securities as on December 06
09-Dec-2019   11:28 Hrs IST Rupee turns strong after making negative start
06-Dec-2019   17:31 Hrs IST Rupee ends marginally higher against dollar
06-Dec-2019   15:54 Hrs IST Call rates edge higher on Reporting Friday
06-Dec-2019   14:44 Hrs IST Bond yields trade lower on Thursday
06-Dec-2019   14:24 Hrs IST OTC trade data of government securities as on December 05