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The rupee ended a tad weaker at 60.40 per dollar on Friday against the previous close of 60.36 per dollar on strong dollar demand from banks and importers.
According to dealers, weakness in the domestic equity market also weighed on the domestic unit. The benchmark Sensex on Friday fell 59.23 points to end at 27,026.70, the 50-share Nifty of the National Stock Exchange also shed 9.1 points or 0.11 per cent to end at 8,086.85. Traders are now awaiting the U.S. nonfarm payrolls for further direction.
In intra-day trade, the domestic unit touched a high of 60.38 and a low of 60.51.
Call and Bonds
The interbank call money rate, the rate at which banks borrow short term funds from one another, ended higher at 7.05 per cent from the previous close of 7.00 per cent.
The yield on 10-year benchmark 8.40 per cent government security, maturing in 2024, remained flat at 8.52 per cent. The price of the security also remained flat at Rs. 99.18.
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