The rupee improved with sharp gain against dollar on the interbank market on Saturday, rising 75 paisa for buying and selling at 80.70 and 80.80 in a single day rally, money experts said. The rupee appreciation versus the dollar was expected and it is most likely that the local currency may extend gains in the coming days, they said.
At the final session in the NY market, the US dollar recorded its biggest monthly gain against a basket of currencies in more than 17 years, boosted by month-end demand and concerns about a deteriorating global economy. The yen parted with most of its gains against dollar, but traded sharply higher against euro as investors remained averse to risk after bleak US economic reports heightened global recession fears.
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Open Buying Rs 82.50
Open Selling Rs 83.00
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Buying Rs 80.70
Selling Rs 80.80
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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 11.50 12.90 11.75 12.90 12.26
1-Week 11.75 12.00 12.00 12.15 11.98
2-Week 11.85 12.00 12.00 12.20 12.01
1-Month 11.90 12.10 12.20 12.30 12.13
2-Months 12.25 12.45 12.40 12.55 12.41
3-Months 12.25 12.50 12.40 12.60 12.44
4-Months 12.35 12.50 12.45 12.55 12.46
5-Months 12.40 12.55 12.50 12.60 12.51
6-Months 12.50 12.60 12.55 12.65 12.58
9-Months 12.50 12.65 12.60 12.70 12.61
1-Year 12.55 12.65 12.65 12.75 12.65
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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 14.00 18.00 14.00 19.00 16.25
1-Week 14.50 17.00 15.00 18.00 16.13
2-Week 14.50 17.00 15.00 18.00 16.13
1-Month 14.50 16.00 15.00 16.50 15.50
2-Months 15.00 16.00 15.50 16.50 15.75
3-Months 15.00 16.50 15.50 17.00 16.00
4-Months 15.50 16.50 16.00 17.00 16.25
5-Months 15.50 17.00 16.00 17.50 16.50
6-Months 15.50 17.00 16.00 17.50 16.50
9-Months 16.00 17.50 16.50 18.00 17.00
1-Year 16.00 17.50 17.00 18.50 17.25
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