The rupee on Saturday sharply lost 50 paisa against dollar in the inter-bank market at Rs 60.50 for buying and Rs 60.60 for selling as demand for the greenback persisted, dealers said. According to market sources, importers' and corporate sector demand pushed down the rupee versus dollar.
The State Bank of Pakistan (SBP) was keeping a close watch over the fluctuations in the currency regime, they said.
In the world markets, no respite was seen in dollar's weakness versus major currencies, dealers said. The dollar is under pressure on persistent concerns over the US economy and comments throughout the week from the European Central Bank (ECB) and the Federal Reserve officials.
The rupee, however, lost 35 paisa against euro at Rs 76.25 and Rs 76.55 for buying and selling, they added.
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Kerb buying Rs 60.70
Kerb selling Rs 60.80
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Buying Rs 60.50
Selling Rs 60.60
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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 1.00 2.50 1.50 3.00 2.00
1-Week 1.25 1.50 2.00 2.25 1.75
2-Week 2.00 2.25 2.75 3.00 2.50
1-Month 2.50 2.75 3.25 3.50 3.00
2-Months 2.75 3.00 3.50 3.75 3.25
3-Months 3.00 3.25 3.50 3.75 3.38
4-Months 3.25 3.50 3.75 4.00 3.63
5-Months 3.50 3.75 4.00 4.25 3.88
6-Months 3.50 3.75 4.50 4.75 4.13
9-Months 3.75 4.00 4.50 4.75 4.25
1-Year 4.25 4.50 4.75 5.00 4.63
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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 1.25 2.75 1.75 3.00 2.19
1-Week 1.50 1.75 2.25 2.50 2.00
2-Week 2.25 2.50 2.75 3.00 2.63
1-Month 2.75 3.00 3.50 3.75 3.25
2-Month 3.00 3.25 3.75 4.00 3.50
3-Month 3.25 3.50 3.75 4.25 3.69
4-Month 3.40 3.70 3.90 4.25 3.81
5-Month 3.60 3.90 4.25 4.50 4.06
6-Month 4.00 4.25 4.50 5.00 4.44
9-Month 4.00 4.25 4.75 5.00 4.50
1-Year 4.25 4.50 5.25 5.50 4.88
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