Sliding trend was seen on the interbank market on Monday as the rupee fell by 15 paisa against dollar for buying and selling at 67.65 and 67.75, money experts said. Strong demand for dollars pushed the rupee down and it is most likely that the rupee may continue its fall ahead of budget 2008-09 and before the end of the fiscal year, they said.
In the first session of the Asian trade, dollar rose against yen, rebounding from a sharp fall late last week when data showing an unexpectedly big jump in the US jobless rate revived fears of a deeper and more prolonged economic downturn. The euro also climbed to a five-month high against yen as investors shifted their focus to euro zone's widening interest rate advantage compared with Japan, helping to lift dollar versus yen.
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Open Buying Rs 68.20
Open Selling Rs 68.40
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Buying Rs 67.65
Selling Rs 67.75
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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 8.50 10.75 9.00 11.00 9.81
1-Week 9.50 10.00 9.90 10.25 9.91
2-Week 9.75 10.25 10.00 10.50 10.13
1-Month 10.50 11.00 10.75 11.25 10.88
2-Months 10.75 11.00 11.00 11.25 11.00
3-Months 10.90 11.25 11.15 11.30 11.15
4-Months 11.00 11.30 11.25 11.40 11.24
5-Months 11.00 11.40 11.30 11.50 11.30
6-Months 11.25 11.50 11.40 11.60 11.44
9-Months 11.25 11.50 11.50 11.65 11.48
1-Year 11.25 11.50 11.50 11.70 11.49
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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 9.50 12.00 10.50 13.00 11.25
Week 10.50 12.00 11.00 13.00 11.63
Week 10.75 12.50 11.00 13.50 11.94
Month 11.50 13.00 12.50 14.00 12.75
Months 12.50 14.50 13.50 15.00 13.88
Months 13.00 14.50 14.50 15.00 14.25
Months 13.50 14.75 14.00 15.50 14.44
Months 13.75 14.50 14.25 15.00 14.38
Months 14.00 14.50 14.50 15.00 14.50
Months 14.00 14.50 14.50 15.00 14.50
Year 14.25 14.75 14.75 15.25 14.75
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