Rising demand for dollars kept the rupee under pressure on the currency market on Tuesday, dealers said. In the interbank market, the rupee failed to retain its Monday's levels against dollar, losing 48 paisa for buying and selling at 79.85 and 79.90, they added.
In the second Asian trading yen fell 0.8 percent against the euro on Tuesday after European governments unveiled steps to shore up their banking systems, raising hopes for an easing of the credit crisis.
Britain, Germany and France announced plans on Monday to recapitalise their banking systems, helping rekindle risk appetite and triggering selling of the low-yielding yen, which rallied last week as investors dumped risky carry trades.

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Open Buying             Rs 80.50
Open Selling            Rs 81.50
================================

==============================
Buying                Rs 79.85
Selling               Rs 79.90
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight     7.00    12.90       9.00         12.90        10.45
1-Week       11.75    12.00      12.00         12.25        12.00
2-Week       11.90    12.10      12.20         12.30        12.13
1-Month      12.20    12.30      12.35         12.40        12.31
2-Months     12.35    12.45      12.45         12.50        12.44
3-Months     12.40    12.50      12.50         12.60        12.50
4-Months     12.40    12.55      12.50         12.60        12.51
5-Months     12.45    12.60      12.55         12.65        12.56
6-Months     12.50    12.65      12.60         12.70        12.61
9-Months     12.50    12.65      12.60         12.70        12.61
1-Year       12.55    12.65      12.65         12.75        12.65
=================================================================
Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    13.00    29.00      14.00         30.00        21.50
1-Week       13.50    22.00      14.00         23.00        18.13
2-Week       14.00    18.00      15.00         19.00        16.50
1-Month      14.00    17.00      15.00         18.00        16.00
2-Months     14.00    17.00      15.00         18.00        16.00
3-Months     14.00    16.00      15.00         17.00        15.50
4-Months     14.00    16.00      15.00         17.00        15.50
5-Months     14.25    16.50      15.25         17.50        15.88
6-Months     14.25    16.50      15.25         17.50        15.88
9-Months     15.00    18.00      16.00         19.00        17.00
1-Year       15.00    18.00      16.00         19.00        17.00
=================================================================