Weak trend was again seen in the interbank market on Friday as the rupee was lower by five paisa against dollar for buying at 61.90 and it also shed two paisa for selling at 61.92 in process of strong dollar demand by the importers, dealers said.
It was noticed that importers rush for dollars increased to meet the costlier payment requirement after the sharp rise in the oil prices on the global markets, money experts said. They said that dollar's value increased despite the fact that the market is receiving dollars as a result of selling of export proceeds.
In the Asian markets, the dollar was stuck near two-week lows versus the euro during the fifth and final session of the week after data showing the weakest regional factory activity since the last US recession in 2001 boosted expectations for a large Federal Reserve interest rate cut.
Many market players expect the Fed to slash overnight rates by another 50 basis points at its next meeting in March to 2.50 percent, following an unusually aggressive 125 basis points of cuts in January to help fend off a recession.

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Open Buying             Rs 62.10
Open Selling            Rs 62.20
================================

==============================
Buying                Rs 61.90
Selling               Rs 61.92
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   10.40     10.45       10.40        10.45        10.43
1-Week       9.75     10.00       10.00        10.20         9.99
2-Weeks      9.65      9.90        9.75        10.00         9.83
1-Month      9.50      9.75        9.65         9.80         9.68
2-Months     9.40      9.50        9.50         9.60         9.50
3-Months     9.45      9.55        9.55         9.75         9.58
4-Months     9.50      9.65        9.65         9.75         9.64
5-Months     9.50      9.75        9.65         9.80         9.68
6-Months     9.55      9.75        9.70         9.90         9.73
9-Months     9.60      9.80        9.70         9.90         9.75
1-Year       9.65      9.80        9.75         9.90         9.78
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Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   10.40     10.75       10.50        11.00        10.66
1-Week      10.00     10.25       10.20        10.40        10.21
2-Weeks      9.90     10.25       10.10        10.40        10.16
1-Month      9.75     10.25       10.00        10.40        10.10
2-Months     9.75     10.25       10.00        10.50        10.13
3-Months     9.75     10.30       10.00        10.50        10.14
4-Months     9.75     10.35       10.00        10.50        10.15
5-Months     9.90     10.40       10.20        10.50        10.25
6-Months    10.00     10.40       10.25        10.50        10.29
9-Months    10.00     10.50       10.25        10.60        10.34
1-Year      10.10     10.50       10.30        10.60        10.38
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