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Rupee, bond prices jump on oil slump, RBI OMO buy

Updated : December 19, 2018 09:24 AM IST

At 09:10 AM, the rupee was trading at 69.97 a dollar, up 47 aise from its Tuesday’s close of 70.44.
Bond prices gained after the RBI said it would inject liquidity into the system via OMOs. The yields on the 10-year government bonds fell 1.12 percent to 7.26 percent after closing at 7.35 percent on Tuesday.
Rupee, bond prices jump on oil slump, RBI OMO buy

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