The rupee failed to maintain its firmness versus dollar in the interbank market on Monday at Rs 59.15 and Rs 59.17 for buying and selling, respectively, market men said. Corporate demand kept the dollars in plus column, but banks' dollar selling in the interbank market helped the rupee to trim its losses, currency analysts said.
There were expectations that the State Bank (SBP) might save the rupee at around Rs 59.20 for a dollar, dealers said.
They attributed the higher demand for dollars to rising global oil prices which is causing significantly higher import bills.
The rupee also gained 15 paisa against euro for buying and selling at Rs 72.75 and Rs 73.05, they added.
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Kerb buying Rs 59.67
Kerb selling Rs 59.72
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Buying Rs 59.15
Selling Rs 59.17
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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 7.00 7.40 7.25 7.40 7.26
1-Week 4.25 4.50 4.75 5.00 4.63
2-Week 3.50 3.75 4.00 4.25 3.88
1-Month 3.00 3.25 3.50 3.75 3.38
2-Months 3.00 3.25 3.40 3.60 3.31
3-Months 2.75 2.90 3.00 3.25 2.98
4-Months 3.00 3.25 3.50 3.70 3.36
5-Months 3.20 3.40 3.60 3.80 3.50
6-Months 3.30 3.50 3.70 3.90 3.60
9-Months 3.50 3.70 3.90 4.10 3.80
1-Year 3.70 3.90 4.10 4.30 4.00
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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 7.25 7.40 7.40 7.40 7.36
1-Week 4.50 4.75 5.00 5.25 4.88
2-Week 3.75 4.00 4.25 4.50 4.13
1-Month 3.25 3.50 3.75 4.00 3.63
2-Month 3.25 3.50 3.75 4.00 3.63
3-Month 3.00 3.25 3.40 3.60 3.31
4-Month 3.25 3.50 3.75 4.00 3.63
5-Month 3.50 3.75 4.00 4.25 3.88
6-Month 3.50 3.75 4.00 4.25 3.88
9-Month 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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