Gradual fluctuations were seen on the currency market as the rupee moved lightly versus dollar at the week-end, dealers said. On the interbank market the rupee held its overnight level in terms of the dollar for buying at 80.80 while it gained three paisa for selling at 80.85, they said.
At the weekend in New York market dollar posted its largest one-day gain against a basket of currencies in more than five months after data showed the United States shed fewer jobs than expected in May, boosting hopes for an economic recovery.
The dollar initially sold off after the jobs report, which showed the US economy shed 345,000 jobs, well below the 520,000 expected by economists. In the past, the dollar had fallen in response to data hinting at improvement in the US economy, with investors moving into riskier assets, including higher-yielding currencies.
===========================
Open Buying Rs 80.80
Open Selling Rs 81.10
===========================
===========================
Buying Rs 80.80
Selling Rs 80.85
===========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.60 12.25 12.00 12.75 12.15
1-Week 12.25 12.85 12.85 12.95 12.73
2-Week 12.45 12.80 12.90 13.10 12.81
1-Month 12.50 12.90 13.10 13.25 12.94
2-Months 12.55 13.00 13.20 13.30 13.01
3-Months 12.60 13.00 13.20 13.30 13.03
4-Months 12.60 13.15 13.20 13.30 13.06
5-Months 12.60 13.15 13.10 13.30 13.04
6-Months 12.60 13.20 13.20 13.30 13.08
9-Months 12.90 13.20 13.25 13.30 13.16
1-Year 13.00 13.25 13.25 13.30 13.20
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.00 12.50 12.50 13.00 12.50
1-Week 12.75 13.00 13.10 13.25 13.03
2-Week 12.75 13.10 13.20 13.40 13.11
1-Month 13.00 13.35 13.60 14.00 13.49
2-Months 13.25 13.50 13.60 14.00 13.59
3-Months 13.25 13.60 13.50 13.75 13.53
4-Months 13.25 13.65 13.50 13.75 13.54
5-Months 13.30 13.75 13.50 13.85 13.60
6-Months 13.35 13.75 13.50 13.80 13.60
9-Months 13.40 13.75 13.50 13.80 13.61
1-Year 13.40 13.75 13.50 13.90 13.64
=================================================================