The general trend in the currency market was firm on Friday as the rupee mostly retained its Thursday levels versus the euro and dollar, money experts said. The rupee stayed put for buying in relation to dollar at 62.80 while it performed better, recovering two paisa at 62.82 for selling, they said.
In the fifth Asian trading dollar was steady against euro and yen as dealers sought fresh clues on the health of the faltering US economy, dealers said. They said the outlook for the greenback is foggy given uncertainty whether an end is yet in sight to the worst of the recent credit crunch. The dollar was quoted at 99.64 yen in Tokyo afternoon trade, little changed from 99.59 in New York late Thursday.
The euro rose to 1.5790 dollars from 1.5778 and to 157.31 yen from 157.20. "Heavy pressure on the dollar is continuing as dealers are cautious about the risks of the credit crunch and the US economic slowdown," said Yuya Koike, currency dealer at Hachijuni Bank.
"Although the dollar was bought temporarily for position adjusting this week, there's no reason to actively buy the greenback," he said. Investors were waiting for the release of US consumer spending data from February.
The dollar's steadiness in the world market did not permit euro to look ahead versus the rupee, keeping at the overnight levels for buying and selling at Rs 99.30 and Rs 99.40, they said.

================================
Open Buying             Rs 63.10
Open Selling            Rs 63.20
================================

==============================
Buying                Rs 62.80
Selling               Rs 62.82
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    2.50       8.50       3.00         9.00         5.75
1-Week       8.00       8.50       8.50         8.75         8.44
2-Weeks      8.75       9.25       9.10         9.50         9.15
1-Month      9.25       9.50       9.40         9.60         9.44
2-Months     9.50       9.75       9.60         9.85         9.68
3-Months     9.50       9.80       9.60         9.90         9.70
4-Months     9.65       9.80       9.75         9.90         9.78
5-Months     9.65       9.90       9.75        10.00         9.83
6-Months     9.70       9.90       9.80        10.00         9.85
9-Months     9.75      10.00       9.90        10.10         9.94
1-Year      10.00      10.15      10.10        10.25        10.13
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    2.00       8.25       2.50         8.50         5.31
1-Week       8.50       9.25       9.00         9.50         9.06
2-Weeks      9.00       9.50       9.50         9.75         9.44
1-Month      9.50      10.00       9.75        10.25         9.88
2-Months     9.75      10.00      10.00        10.25        10.00
3-Months     9.85      10.25      10.00        10.40        10.13
4-Months     9.85      10.25      10.00        10.40        10.13
5-Months    10.00      10.40      10.25        10.50        10.29
6-Months    10.00      10.40      10.25        10.50        10.29
9-Months    10.25      10.50      10.50        10.75        10.50
1-Year      10.25      10.75      10.50        11.00        10.63
=================================================================