#Latest news with #localStocksBloomberg13-05-2025BusinessBloombergRupee Rises on Pakistan Truce as Trading Resumes After HolidayThe Indian rupee rallied the most in nearly two weeks as trading resumed after a long weekend, supported by a ceasefire agreement with Pakistan that triggered a surge in local stocks. The currency rose as much as 0.9% to 84.6475 per dollar on Tuesday. The 10-year yield fell five basis points to 6.33%. Local bonds and currency markets were closed for a public holiday on Monday.
Bloomberg13-05-2025BusinessBloombergRupee Rises on Pakistan Truce as Trading Resumes After HolidayThe Indian rupee rallied the most in nearly two weeks as trading resumed after a long weekend, supported by a ceasefire agreement with Pakistan that triggered a surge in local stocks. The currency rose as much as 0.9% to 84.6475 per dollar on Tuesday. The 10-year yield fell five basis points to 6.33%. Local bonds and currency markets were closed for a public holiday on Monday.