Bearish sentiment persisted on the interbank market on Thursday as the rupee fell five paisa more against dollar for buying and selling at 81.75 and 81.80, dealers said. Strong demand for dollars kept the rupee in drifting position and it appeared that if buying pressure continues, the rupee may touch the mark of 82, they said.
In the fourth Asian trade yen slid, falling from a five-month high against dollar and a two-month peak versus euro hit the previous day when doubts about the health of the global economy spurred risk aversion. The dollar and euro both fell more than two percent against yen on Wednesday, posting their sharpest one-day drops since March, according to data from trading platform EBS.
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Buying Rs 81.75
Selling Rs 81.80
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Open Buying Rs 81.80
Open Selling Rs 82.05
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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 4.00 10.50 5.00 11.00 7.63
1-Week 9.25 10.90 9.75 11.00 10.23
2-Week 10.00 11.00 10.25 11.15 10.60
1-Month 10.55 11.00 10.75 11.25 10.89
2-Months 10.75 11.25 11.25 11.50 11.19
3-Months 10.75 11.25 11.25 11.50 11.19
4-Months 10.85 11.30 11.30 11.60 11.26
5-Months 10.85 11.35 11.40 11.60 11.30
6-Months 10.85 11.40 11.50 11.65 11.35
9-Months 10.80 11.50 11.60 11.70 11.40
1-Year 10.80 11.50 11.60 11.75 11.41
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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 5.00 11.00 6.00 11.50 8.38
1-Week 10.00 11.25 10.50 11.50 10.81
2-Week 10.25 11.25 10.75 11.50 10.94
1-Month 11.50 11.75 11.75 12.00 11.75
2-Months 11.50 11.75 11.75 12.25 11.81
3-Months 11.75 12.00 12.00 12.25 12.00
4-Months 11.75 12.25 12.10 12.50 12.15
5-Months 11.90 12.40 12.25 12.50 12.26
6-Months 12.00 12.40 12.30 12.50 12.30
9-Months 12.40 12.40 12.50 12.90 12.55
1-Year 12.40 12.50 12.70 12.90 12.63
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