The rupee maintained a firm look as it gained one paisa against dollar in the interbank market on Saturday for buying and selling at Rs 60.61 and Rs 60.63, dealers said.
Matching demand with supply, supported the rupee to hold its current level in process of trading, they said. In the New York, the Swiss franc rose to a 16-year high against the yen at the week-end, as the franc broadly rallied on expectations the Swiss National Bank may quicken its pace of interest rate increases.
Franc rose more than one percent from late Thursday to 100.83, the highest since March 1991. Dollar has fallen 0.9 percent to 1.2294 francs, on track for the largest daily decline since late February.
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Kerb Buying Rs 61.05
Kerb Selling Rs 61.12
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Buying Rs 60.61
Selling Rs 60.63
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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 5.50 8.75 6.00 9.00 7.31
1-Week 7.75 8.50 8.25 8.75 8.31
2-Weeks 8.50 8.75 8.75 8.90 8.73
1-Month 8.60 8.80 8.75 8.90 8.76
2-Months 8.70 8.90 8.80 9.00 8.85
3-Months 8.80 8.95 8.85 9.00 8.90
4-Months 8.80 9.00 8.85 9.05 8.93
5-Months 8.85 9.00 8.95 9.10 8.98
6-Months 8.85 9.10 9.00 9.15 9.03
9-Months 8.90 9.10 9.05 9.20 9.06
1-Year 8.90 9.15 9.10 9.25 9.10
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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 6.50 9.10 7.00 9.25 7.96
1-Week 8.50 9.00 8.75 9.25 8.88
2-Weeks 8.75 9.25 9.00 9.40 9.10
1-Month 8.90 9.25 9.10 9.50 9.19
2-Months 9.25 9.50 9.40 9.70 9.46
3-Months 9.25 9.60 9.40 9.75 9.50
4-Months 9.40 9.75 9.65 9.90 9.68
5-Months 9.50 9.75 9.75 10.00 9.75
6-Months 9.75 10.00 10.00 10.25 10.00
9-Months 10.00 10.25 10.25 10.50 10.25
1-Year 10.00 10.50 10.25 10.75 10.38
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On the contrary, the rupee depreciated against pound sterling. The pound was purchased at Rs 121.65 and was sold at Rs 122.05 as compared to previous closing of Rs 121.60 and Rs 122.00, respectively, dealers added.
The dollar opened at Rs 60.90 (buying) and Rs 61 (selling) against same last rate. It did not observe any change in the evening session and closed at Rs 60.90 (buying) and Rs 61 (selling).
Pound sterling opened at Rs 120 (buying) and Rs 120.20 (selling) against same previous rate. It did not witness any change in the last trading hours and closed at Rs 120 (buying) and Rs 120.20 (selling).