# Bond, currency markets witness high volatility in FY20 over Covid-19 fear | News on Markets - Business Standard

> Indian bond and currency markets were highly volatile in fiscal 2019-20 as Covid-19 fears spread. The rupee hit a lifetime low near 76.30 per dollar and 10-year yields fell to about 6%, closing the year at 75.6 per dollar.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/54393-bond-currency-markets-witness-high-volatility-in-fy20-over-covid-19-fear-news
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is a year-end review of financial conditions rather than a new shock, so it has limited direct effect on feed commodity prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/bond-currency-markets-witness-high-volatility-in-fy20-over-covid-19-fear-120033101749_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.