Dollar Rate today: Rupee appreciates slightly against USD

EconomyNext reports that dealers quoted the rupee at 332.67/75 per US dollar in the spot market on Thursday, October 29. Its October 28 report gave a quote of 332.52/60, weaker than 332.40/50 the day before; its October 27 report said the rupee had closed at 332.40/50, down from 332.25/35 on the previous day.

EconomyNext reports that Thursday’s bond yields were generally unchanged or lower, with changes depending on the bond’s maturity. The August 2030 and March 2031 bonds were unchanged; the October 2030, February 2031 and December 2031 yields declined. The October 2034 yield rose to 12.50/55 percent from 12.40/50 percent.

EconomyNext reports Thursday’s telegraphic-transfer rates as 328.05 buying and 337.05 selling for the US dollar; 363.3861 buying and 377.1669 selling for the euro; and 436.3483 buying and 450.4567 selling for the pound.

EconomyNext reports that the Colombo Stock Exchange’s All Share Price Index increased by 120 points, or 0.60 percent, to 20,090, while the S&P SL20 gained 37.37 points, or 0.66 percent, to 5,729. Its October 28 report recorded increases in both indexes and said a 100 billion rupee Treasury-bill auction was in progress. EconomyNext’s October 27 report had said an auction of the same value was due on October 28.

Newswire reports that the rupee depreciated against the US dollar on October 28 compared with Tuesday, and that it remained steady on October 27 compared with Monday. Separate Newswire updates describe the currency’s movement across commercial banks on those dates as a slight depreciation and steady, respectively. Newswire also reports slight appreciation in its October 26 updates, comparing the rupee with the previous Friday.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.