Premium
This is an archive article published on December 17, 2008

Rupee appreciates to 47.30 against dollar

Rupee rallied to its strongest in more than a month and bond yields fell to 4-½ year lows.

google-preferred-btn
.

The rupee rallied to its strongest in more than a month and bond yields fell to 4-½ year lows on Wednesday following a deep cut in US interest rates.

At 9:06 a.m., the partially convertible rupee was at 47.35/36 per dollar, stronger than Tuesday’s close of 47.92/93 and trading at its highest since Nov. 10.

The benchmark 10-year bond yield dropped to 5.84 per cent, 15 basis points below Tuesday’s close of 5.99 per cent and its lowest since July 2004.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
kamal haasan
‘Time to apologise, accept mistake’: Kamal Haasan to Karur rally organisers after stampede
Cities10 min ago

Kamal Haasan visited the site of the Karur stampede and urged the organisers to take responsibility and apologize for their mistake. He also thanked DMK leader Senthil Balaji for his efforts in relief and rescue. The tragedy, which occurred during Vijay's rally, has caused political turmoil and arrests have been made.

View all shorts
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Chief Justice of India B R Gavai
‘Just ignore it… I am not distracted’: CJI Gavai on shoe being hurled at him in court
Nitish Kumar Narendra Modi
Bihar elections: 5 issues, people, factors to watch out for
The accident occurred while Vijay Deverakonda was en route to Hyderabad from Puttaparthi in the neighbouring state of Andhra Pradesh.
EntertainmentVijay Deverakonda escapes unhurt after car meets with accident in Telangana: 'My head hurts, but...'
Raghav Juyal recalls his first visit to Aryan Khan's home Mannat.
Entertainment'To enter Mannat, you go through scanners,' Raghav Juyal recalls asking Aryan Khan 'by mistake' which is his room
The 27-year-old had completed all prior steps required for a US student visa
TrendingIndian student secures Rs 89 lakh scholarship for journalism course at Columbia University, US denies him visa for failing to demonstrate sufficient ties to India
With 45 minutes left, the techie completed the React portion successfully, passing all the test cases, but by then, he had already received the rejection mail (Representative image/Unsplash)
Trending'Spent over 2 hours giving my best’: Techie gets rejected 8 minutes after assessment, shares job hunt struggle
Some of Bumrah's close set of friends happen to be from his days in Thaltej, a suburb in Ahmedabad, with whom he played cricket. (AP Photo)
SportsHow Jasprit Bumrah ignores trolls, helps budding cricketers and rejuvenates himself with friends in Ahmedabad
Mohammed Siraj
SportsMohammed Siraj at Idea Exchange: God had written ‘ja hero ban ja tu, become a hero’
Babri Masjid
OpinionThe Supreme Court had the final word on the Babri Masjid debate. Let’s not revive it
Nobel
ExplainedNobel Prize in Medicine out: What exactly have the winners done, why it matters
Amy Jackson, weddings
'There was unexpected rain on the wedding day': Inside the world of luxury weddings with Resh&Co, the company behind Amy Jackson, Ed Westwick's wedding
iPhone 17 Pro Max
TechnologyWant to upgrade to the iPhone 17 Pro Max? Read this review before you do
Advertisement
Must Read
SportsHow Jasprit Bumrah ignores trolls, helps budding cricketers and rejuvenates himself with friends in Ahmedabad
Some of Bumrah's close set of friends happen to be from his days in Thaltej, a suburb in Ahmedabad, with whom he played cricket. (AP Photo)
SportsMohammed Siraj at Idea Exchange: God had written ‘ja hero ban ja tu, become a hero’
Mohammed Siraj
SportsLack of balance in defence, players not used to pressing system: Liverpool’s tactical conundrum after summer of massive spending
Liverpool's Virgil van Dijk gestures during the English Premier League soccer match between Chelsea and Liverpool at Stamford Bridge in London, Saturday, Oct. 4, 2025. (AP Photo)
TechnologyWant to upgrade to the iPhone 17 Pro Max? Read this review before you do
iPhone 17 Pro Max
TechnologyWho is Rahul Patil, the former Stripe exec chosen as Anthropic’s new CTO?
Rahul Patil
TechnologyAMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
AMD executives expect the deal to net tens of billions of dollars in annual revenue.
'There was unexpected rain on the wedding day': Inside the world of luxury weddings with Resh&Co, the company behind Amy Jackson, Ed Westwick's wedding
Amy Jackson, weddings
Advertisement
Buzzing Now
TrendingIndian student secures Rs 89 lakh scholarship for journalism course at Columbia University, US denies him visa for failing to demonstrate sufficient ties to India
The 27-year-old had completed all prior steps required for a US student visa
Trending'Spent over 2 hours giving my best’: Techie gets rejected 8 minutes after assessment, shares job hunt struggle
With 45 minutes left, the techie completed the React portion successfully, passing all the test cases, but by then, he had already received the rejection mail (Representative image/Unsplash)
TrendingWoman claims Blinkit agent touched her inappropriately while handing over parcel, Mumbai Police take note of her viral post
The woman claimed that it was only after she submitted video evidence of the encounter that Blinkit took firmer action (Image source: Wikimedia Commons)
Trending‘The legend is back’: Turkish shooter Yusuf Dikec brings back his 'swag' as he bags gold at European Champions League
Yusuf Dikec played with Mustafa Inan to defeat Germany’s Christian Reitz and Paul Frohlich 2-0 in the men’s team final at the European Champions League of Air Weapons (Image source: @stats_feed/X)
Spectators run for cover as drone fireworks show goes wrong in China; chilling videos
Oct 06: Latest News
Advertisement