Mumbai: The Indian rupee on Wednesday gains 10 paise to Rs 65.18 against the US Dollar in early trade following US president’s tax reduction strategies botched to maintain interest in the US currency amongst dealers.
Banks and exporters bowed their back on the greenback. On Tuesday the local currency increased by 8 paise and concluded to Rs 65.28 each Dollar.
For now the benchmark BSE Sensex again grew 32,000 marks by increasing 104.02 points, or 0.32 per cent, to 32,028.43 in near the beginning session.
The 10-year bond yield at 6.734%, contrast to past shut of 6.741%. Bond yields and prices move in conflicting directions.