Rupee weakens, bond yields slip ahead of budget
MUMBAI (Reuters) - The rupee edged lower in early deals on Monday as investors pared positions ahead of the 2009/10 federal budget to be presented at 11 a.m.
At 9:07 a.m. (0337 GMT), the partially convertible rupee was at 47.96/97 per dollar, weaker than Friday's close of 47.89/91.
The 6.07 percent bond maturing in 2014 which was the most actively traded on Monday eased to 6.21 percent from 6.23 percent at the close on Friday.
(For full coverage on Budget 2009 click here)
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