India currency, debt markets closed on Sept 18
MUMBAI, Sept 18 (Reuters) -India's currency and debt markets will be closed on Wednesday, Sept. 18, for a holiday. Trading will resume on Thursday, Sept. 19.
The Indian rupee INR=IN strengthened 0.16% to 83.75 per U.S. dollar on Tuesday on rising expectations that the U.S. Federal Reserve will kick off its policy easing cycle with a 50-basis- point rate cut on Wednesday.
The benchmark 10-year bond IN071034G=CC yield ended up 2 basis point at 6.7808% on Tuesday, on profit booking ahead of the Federal Reserve's policy decision.
Reporting by Bhakti Tambe
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