Indian rupee breaches 64-level vs US dollar before RBI steps in
Reuters : Mumbai, Aug 20 2013, 13:35 IST
given lower than anticipated growth holding back revenue growth and steep rupee depreciation raising the subsidy bill on imported goods," analyst Atsi Sheth said in an e-mailed reply to queries from Reuters.
Bond yields remained at pre-Lehman Brothers-crisis levels for a second straight day. The benchmark 10-year yield was up 20 basis points at 9.43 percent.
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