India rupee strengthens past 95 per dollar on Oct 19 as Treasury bill yields rise
The rupee strengthened to 94.77 per US dollar on Oct 19 in the Reserve Bank of India (RBI) reference rate, below 95 for the first time in this stretch. Short-term government borrowing costs kept rising.
- 94.77
- Rupee reference rate against the US dollar, Oct 19
- 6.44%
- 364-day Treasury bill weighted average yield, Oct 14 auction
- 5.70%
- 91-day Treasury bill weighted average yield, Oct 14 auction