Sliding trend was seen on the interbank market on Friday as the rupee shed five paisa versus dollar for buying and selling at 72.55 and 72.60, dealers said. The demand for dollars was up as importers were busy in forward buying to meet the payment requirements, they said.
In the fifth Asian trade, dollar surged across the board, hitting a five-month high against euro and a 17-month peak against pound as the European Central Bank's caution on the growth outlook reinforced worries of a faltering global economy.
The dollar index vaulted to its highest in more than five months, with investors and analysts saying the US currency is staging a broad rebound from record lows struck earlier in the year as the global slowdown takes a toll on other major currencies.
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Open Buying Rs 73.05
Open Selling Rs 73.25
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Buying Rs 72.55
Selling Rs 72.60
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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 11.75 12.90 12.00 12.90 12.39
1-Week 11.00 11.50 11.25 11.75 11.38
2-Week 10.80 11.10 11.25 11.40 11.14
1-Month 10.75 11.20 11.10 11.50 11.14
2-Months 11.60 11.80 11.75 11.90 11.76
3-Months 11.75 12.00 12.00 12.15 11.98
4-Months 11.85 12.10 12.10 12.25 12.08
5-Months 11.90 12.20 12.15 12.30 12.14
6-Months 11.90 12.25 12.15 12.35 12.16
9-Months 12.00 12.25 12.20 12.35 12.20
1-Year 12.10 12.25 12.20 12.40 12.24
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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 12.50 14.00 13.00 15.00 13.63
1-Week 12.00 13.00 12.50 13.50 12.75
2-Week 12.00 13.25 12.50 13.50 12.81
1-Month 12.50 13.50 13.00 14.00 13.25
2-Months 13.00 13.75 13.50 14.25 13.63
3-Months 13.00 14.50 13.50 15.00 14.00
4-Months 13.00 14.50 13.75 15.00 14.06
5-Months 13.00 14.75 14.00 15.25 14.25
6-Months 13.50 15.00 14.00 15.50 14.50
9-Months 13.75 15.00 14.50 15.50 14.69
1-Year 14.00 15.50 14.75 15.75 15.00
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