Wednesday’s trade exhibited the Rupee’s miniscule change against the last one, opening at a 82.31 when the dollar was pulled in again due to high demands; it reached 82.35 by 0510 GMT. Although the market has been witnessing a one-month low in volatility of the Rupee, consolidation is visible considering the past few trades, due to RBI’s contribution in taking measures for risk relief; before a fall is continued again. The Rupee’s 1-year yield reached lower at 2.52%, meanwhile the Dollar’s 10-year Treasury saw a rise beyond 4%.
