Sharp fall was seen on the interbank market at the weekend as the rupee fell by 28 paisa against dollar for buying at 71.18 and it also shed 27 paisa for selling at 71.22 due to importers rush for the greenback, dealers said. Strong demand for dollars by the importers forced the rupee to surrender its overnight gains, they said.
At the final session, the US dollar rose against the Japanese yen in New York, after a trio of better-than-expected data injected a dose of optimism about the US economy. The upbeat readings on US durable goods orders, new-home sales, and a rebound in consumer sentiment from a 28-year low allayed some of the recent gloom over the economy and financial markets, sending stocks higher and giving a boost to the beleaguered US currency.

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Open Buying             Rs 70.80
Open Selling            Rs 71.40
================================

==============================
Buying                Rs 71.18
Selling               Rs 71.22
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   10.00      11.25      10.50        11.50        10.81
1-Week      10.25      10.75      10.50        11.00        10.63
2-Week      10.75      11.25      11.00        11.50        11.13
1-Month     10.75      11.25      11.00        11.50        11.13
2-Months    11.70      11.80      11.85        11.85        11.80
3-Months    11.80      11.90      11.85        11.95        11.88
4-Months    11.80      11.90      11.85        11.95        11.88
5-Months    11.85      11.90      11.90        12.00        11.91
6-Months    11.90      11.95      11.95        12.00        11.95
9-Months    11.90      11.95      11.95        12.00        11.95
1-Year      11.90      11.95      11.95        12.00        11.95
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Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   11.50      13.00      12.00        13.50        12.50
1-Week      11.00      13.00      12.00        14.00        12.50
2-Week      12.50      14.00      13.00        14.50        13.50
1-Month     12.50      14.50      13.00        15.00        13.75
2-Months    12.50      14.50      13.00        15.00        13.75
3-Months    13.00      15.00      14.00        15.50        14.38
4-Months    13.00      15.00      14.00        15.50        14.38
5-Months    13.50      15.00      14.00        15.50        14.50
6-Months    14.00      15.25      14.50        15.50        14.81
9-Months    14.25      15.50      14.75        16.00        15.13
1-Year      14.50      15.50      15.00        16.00        15.25
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