The rupee was unchanged in the open market on Thursday for buying and selling at 60.10 and 60.20, respectively. Market sources said that the rupee-dollar parity moved slightly due to a bit improvement in the supply of dollar.
They expect that the rupee would be able to face rising of dollar demand by the corporate sector.
While, the rupee depreciated versus the euro, shedding 30 paisa for buying at Rs 71.70 and 20 paisa on the selling side at Rs 71.80, respectively.
The dollar maintained its higher trend versus the leading currencies on the expectations about the hike in the US interest rates, dealers said.
Supply was enough to meet the market requirements, marketmen said.
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Kerb Buying Rs 60.10
Kerb Selling Rs 60.20
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BUYING Rs 59.72
SELLING Rs 59.73
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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 7.75 8.90 8.00 8.90 8.39
1-Week 8.00 8.25 8.25 8.50 8.25
2-Week 8.00 8.25 8.20 8.40 8.21
1-Month 8.10 8.30 8.25 8.30 8.24
2-Months 8.10 8.25 8.25 8.35 8.24
3-Months 8.15 8.25 8.25 8.40 8.26
4-Months 8.15 8.30 8.30 8.40 8.29
5-Months 8.20 8.35 8.35 8.45 8.34
6-Months 8.25 8.35 8.40 8.50 8.38
9-Months 8.25 8.50 8.50 8.65 8.48
1-Year 8.45 8.60 8.70 8.80 8.64
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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 8.25 9.50 8.75 9.75 9.06
1-Week 8.25 8.75 8.50 9.00 8.63
2-Week 8.30 8.75 8.50 9.00 8.64
1-Month 8.40 8.90 8.60 9.25 8.79
2-Months 8.25 8.75 8.65 9.00 8.66
3-Months 8.30 8.85 8.65 9.25 8.76
4-Months 8.40 9.00 8.80 9.30 8.88
5-Months 8.45 9.15 8.90 9.40 8.98
6-Months 8.50 9.25 8.95 9.45 9.04
9-Months 8.65 9.30 9.00 9.50 9.11
1-Year 9.00 9.50 9.25 9.75 9.38
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According to the currency dealers, the dollar resumed trading at overnight closing rates of Rs 60.05 and Rs 60.15 on buying and selling counters, respectively. The opening rates continued to prevail throughout the day. However, there was fractional change in dollar's buying rate as some of the dealers quoted buying rate of the dollar as Rs 60.03, the dealers added.
Similarly, the local currency maintained its overnight position against the pound sterling. The British pound was traded at Wednesday's rates of Rs 104.50 and Rs 104.90 on buying and selling sides, respectively, the dealers added.
The dollar opened at Rs 60.15 (buying) and Rs 60.25 (selling) against Rs 60.10 (buying) and Rs 60.20 (selling). It did not observe any further change in the second spell and closed at Rs 60.15 (buying) and Rs 60.25 (selling).
Pound sterling opened at Rs 104.50 (buying) and Rs 105 (selling) against last rate of Rs 105.80 (buying) and Rs 106.30 (selling). It did not show any further change and closed at Rs 104.50 (buying) and Rs 105 (selling).