Rates moved both ways with modest fluctuations on the currency market on Wednesday, dealers said. The rupee fell three paisa against dollar on the interbank market for buying at 78.88 and two paisa for selling at 78.92, they said.
Amid third session, the dollar was on the back foot in thin holiday trade in Asia, weighed down by fresh data indicating persistent weakness in the US economy. The dollar edged down to 90.83 yen in Tokyo morning trade from 90.96 in New York late Tuesday. Markets in Japan were closed Tuesday for a holiday. The euro firmed to 1.3948 dollars from 1.3924 and was flat at 126.66 yen.
================================
Open Buying Rs.79.00
Open Selling Rs.79.50
================================
==============================
Buying Rs.78.88
Selling Rs.78.92
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.50 6.00 1.00 7.00 3.63
1-Week 6.50 8.00 7.50 9.00 7.75
2-Week 10.50 11.25 11.00 12.00 11.19
1-Month 11.75 12.50 12.75 13.25 12.56
2-Months 12.75 13.50 13.75 14.00 13.50
3-Months 13.25 13.40 13.75 14.00 13.60
4-Months 13.25 13.75 13.75 14.00 13.69
5-Months 13.50 13.75 13.75 14.00 13.75
6-Months 13.60 14.00 14.00 14.25 13.96
9-Months 13.90 14.20 14.25 14.50 14.21
1-Year 14.00 14.25 14.30 14.55 14.28
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 2.00 10.00 3.00 13.00 7.00
1-Week 10.00 12.00 12.00 13.00 11.75
2-Week 12.00 13.50 14.00 15.00 13.63
1-Month 14.00 16.00 15.00 16.50 15.38
2-Months 15.00 16.00 15.50 16.50 15.75
3-Months 15.00 16.00 16.00 16.50 15.88
4-Months 15.50 16.50 16.00 17.00 16.25
5-Months 16.00 16.50 16.50 17.00 16.50
6-Months 16.00 16.50 16.50 17.00 16.50
9-Months 16.25 16.75 16.75 17.25 16.75
1-Year 16.50 17.00 17.00 17.50 17.00
=================================================================