The rupee retained its overnight level against dollar on the interbank market on Thursday for buying and selling at 81.00 and at 81.10. It was higher versus dollar in open market, currency analysts said. Easy supply of dollars helped the rupee to maintain its gains despite the strong demand for the US currency, they added.
In the fourth Asian trading euro and sterling fell against dollar, pressured by expectations that the European Central Bank and the Bank of England (BoE) will cut interest rates to prevent their economies from deteriorating further.
The yen firmed against higher-yielding currencies as fears of a global recession prompted investors to unwind risky carry trades, in which investors use the low-yielding yen to fund purchases of assets offering higher returns elsewhere. Tokyo's Nikkei share average fell 7.1 percent, also prompting Japanese fund managers to dump overseas assets.

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Open Buying             Rs 80.50
Open Selling            Rs 81.00
================================

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Buying                Rs 81.00
Selling               Rs 81.10
==============================
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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     0.75      9.00      1.00         10.00         5.19
1-Week        9.50     10.50     10.00         10.75        10.19
2-Week       10.75     11.60     11.25         11.75        11.34
1-Month      11.75     12.25     12.10         12.40        12.13
2-Months     12.75     13.10     13.20         13.40        13.11
3-Months     12.90     13.10     13.50         13.60        13.28
4-Months     12.95     13.25     13.55         13.65        13.35
5-Months     12.95     13.30     13.50         13.70        13.36
6-Months     13.00     13.50     13.60         13.75        13.46
9-Months     13.00     13.60     13.65         13.75        13.50
1-Year       13.20     13.70     13.70         13.80        13.60
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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     2.00     15.00      3.00          16.00        9.00
1-Week       13.00     15.00     13.50          16.00       14.38
2-Week       14.00     16.00     14.50          17.00       15.38
1-Month      15.00     16.50     15.50          17.00       16.00
2-Months     15.50     16.50     16.00          17.00       16.25
3-Months     16.00     17.00     16.50          18.00       16.88
4-Months     16.00     17.00     16.50          18.00       16.88
5-Months     16.50     17.50     17.00          18.00       17.25
6-Months     16.50     17.50     17.00          18.50       17.38
9-Months     17.00     18.00     18.00          19.00       18.00
1-Year       17.00     18.00     18.00          19.00       18.00
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