The rupee weakened on Thursday after the dollar gained modestly after Federal Reserve Chairman Ben Bernanke said the central bank would be flexible about its US monetary stimulus.
Also Read: Rupee's plunge drives up offshore debt costs for India Inc Investors are looking ahead at a planned open market operation (OMO) sale of Rs 12000 crore from the Reserve Bank of India later in the day, in what is a key plank in its move to drain liquidity from the financial system to support the rupee. The rupee was at 59.63/64 after closing at 59.34/35 on Wednesday. The most traded 8.33 percent 2026 bond was 2 basis points higher at 8.20 percent.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
