Gap between the interbank and kerb rates widened on Tuesday as the rupee shed ten paisa against the dollar for buying at Rs 57.40 and lost 15 paisa for selling at Rs 57.50 in the open market.
The dollar was in demand as several investors covered their short-term positions, dealers said. Some other moneychangers said that the accelerating dollar buying in the The rupee also lost 25 paisa versus the euro for buying and selling at Rs 72.08 and Rs 72.38 on slight increase in the single currency's value in the international markets.
The dollar moved a little in the world markets versus the euro and yen, they added.
INTERBANK RATES: The rupee, however, managed to recover three paisa in terms of the dollar in interbank market for buying and selling at Rs 57.30 and Rs 57.32, respectively.
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Kerb buying Rs 57.40
Kerb selling Rs 57.50
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Buying Rs 57.30
Selling Rs 57.32
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 0.10 1.50 0.20 2.00 0.95
1-Week 0.50 1.80 1.00 2.20 1.38
2-Week 0.70 1.50 0.90 2.00 1.28
1-Month 0.90 1.20 1.10 1.40 1.15
2-Month 1.00 1.30 1.20 1.50 1.25
3-Month 1.40 1.50 1.60 1.65 1.54
4-Month 1.50 1.60 1.70 1.90 1.68
5-Month 1.50 1.70 1.90 2.10 1.80
6-Month 1.70 1.90 2.10 2.30 2.00
9-Month 1.90 2.10 2.30 2.50 2.20
1-Year 2.10 2.30 2.50 2.70 2.40
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Call Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 0.20 1.75 0.30 2.25 1.13
1-Week 0.60 2.00 1.20 2.30 1.53
2-Week 0.70 1.70 0.90 2.10 1.35
1-Month 1.00 1.20 1.30 1.50 1.25
2-Month 1.10 1.30 1.40 1.50 1.33
3-Month 1.50 1.60 1.70 1.80 1.65
4-Month 1.60 1.80 1.90 2.20 1.88
5-Month 1.70 1.90 2.10 2.30 2.00
6-Month 1.80 2.00 2.20 2.40 2.10
9-Month 2.10 2.30 2.50 2.70 2.40
1-Year 2.30 2.50 2.70 2.90 2.60
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