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The rupee closed almost flat at 55.67 as month-end demand for the dollar from oil importers kept up the pressure on the Indian currency.
The local unit opened weaker at 55.83 against the dollar on the back of weak Asian markets. On Monday, it had closed at 55.69.
“There was demand for dollars from oil importers and the euro also impacted the rupee,” a chief dealer with a public sector bank said.
Intraday, the rupee moved between a high and low of 55.61 and 55.88, respectively.
Call rates, bonds
The overnight call money rates ended at 7.95 per cent from the previous close of 8 per cent.
The 10-year benchmark, 8.15 per cent government security maturing in 2022, closed higher at Rs 99.82 (yield: 8.17 per cent) from its previous close of Rs 99.74 (yield: 8.18 per cent) on Monday.
satyanarayan.iyer@thehindu.co.in
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