Rupee devalued to 117.25 against U.S. Dollar.

February 14, 2012 

At the end of the second day, that the Central Bank has withdrawn from deciding the value of Rupee, the price of the U.S. Dollar has gone up to Rs 117.25/40, at the conclusion of yesterday’s transactions.

At the end of the transactions on Friday, the price of a U.S. Dollar was within the range of Rs115.20/30, while, this devaluation is being occurred since the Central Bank has withdrawn from interfering on the Exchange Rates.

In addition to these, the interest rates of the bonds which will mature during the year 2013,is 10.55/65%, while, it will be 11.30/35% for the two year bonds which will be matured on 1/3/2014, and 11.70/12% for the bonds which will be matured on 01/08/2014.   

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