The rupee on Tuesday lost five paisa in relation to dollar in the interbank market for buying and selling at Rs 57.73 and Rs 57.75, respectively, on increased demand for the greenback, dealers said.
Year-end payments did not allow the rupee to sustain its steadier trend in terms of dollar, currency experts said.
In the coming days, the rupee is likely to continue its slide on banks' continued dollars demand for payments, they added.
The dollar held its firmness versus the yen in the international markets, they said.
The rupee extended its overnight weakness, falling seven paisa versus dollar for buying and selling at Rs 58.30 and Rs 58.40 on excessive buying of dollars by interbank market, moneychangers said.
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Kerb Buying Rs 58.30
Kerb Selling Rs 58.40
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Buying Rs 57.73
Selling Rs 57.75
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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 3.50 5.50 4.00 6.00 4.75
1-Week 3.50 4.00 4.50 5.00 4.25
2-Week 3.25 3.50 3.75 4.00 3.63
1-Month 3.75 4.00 4.25 4.50 4.13
2-Months 3.50 3.75 4.00 4.25 3.88
3-Months 3.50 3.75 4.00 4.25 3.88
4-Months 3.50 3.75 4.00 4.25 3.88
5-Months 3.50 3.75 4.00 4.25 3.88
6-Months 3.50 3.75 4.00 4.25 3.88
9-Months 3.75 4.00 4.25 4.50 4.13
1-Year 4.00 4.25 4.50 4.75 4.38
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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 4.50 5.50 4.75 5.75 5.13
1-Week 3.75 4.00 4.25 4.50 4.13
2-Week 3.50 3.75 4.00 4.25 3.88
1-Month 4.00 4.25 4.50 4.75 4.38
2-Month 3.75 4.00 4.25 4.50 4.13
3-Month 3.75 4.00 4.25 4.50 4.13
4-Month 3.75 4.00 4.25 4.50 4.13
5-Month 3.75 4.00 4.25 4.50 4.13
6-Month 3.75 4.00 4.25 4.50 4.13
9-Month 4.00 4.25 4.50 4.75 4.38
1-Year 4.25 4.50 4.75 5.00 4.63
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