Rising uncertainties on the political side, pushed the rupee to give up its so called stability against dollar, dropping 14 paisa for buying at 80.44 and falling 12 paisa for selling at 80.47, they said. There were high demands for dollars, which dragged the rupee down, giving an impression that the local currency moved cautiously in the coming days, experts said.
Amid final session of the week dollar gave up its gains against euro in volatile trade as US stocks closed the week in positive territory, prompting investors to take on more risk. The US currency had swung between gains and losses for most of the day, following trends in the stock market amid better-than-expected economic data and signs the banking sector may be stabilising.
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Open Buying Rs 80.30
Open Selling Rs 80.80
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Buying Rs 80.44
Selling Rs 80.47
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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 10.50 14.00 11.00 14.50 12.50
1-Week 11.00 11.50 11.25 12.00 11.44
2-Week 11.25 11.50 11.50 11.75 11.50
1-Month 11.10 11.25 11.30 11.50 11.29
2-Months 10.90 11.20 11.20 11.40 11.18
3-Months 11.00 11.25 11.30 11.50 11.26
4-Months 11.10 11.40 11.30 11.50 11.33
5-Months 11.15 11.45 11.35 11.60 11.39
6-Months 11.20 11.50 11.40 11.60 11.43
9-Months 11.25 11.50 11.50 11.75 11.50
1-Year 11.40 11.60 11.60 11.80 11.60
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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 7.00 15.00 7.50 15.50 11.25
1-Week 12.50 13.50 13.00 14.00 13.25
2-Week 12.00 13.00 12.50 13.50 12.75
1-Month 12.00 12.75 12.75 13.25 12.69
2-Months 11.75 13.00 12.25 13.25 12.56
3-Months 12.25 13.50 12.75 13.75 13.06
4-Months 12.50 13.50 13.00 14.00 13.25
5-Months 12.75 13.75 13.25 14.00 13.44
6-Months 12.90 13.75 13.25 14.10 13.50
9-Months 13.50 14.00 13.75 14.25 13.88
1-Year 13.75 14.25 14.00 14.50 14.13
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