Higher payment requirement pushed the dollar up, as a result the rupee shed five paisa against dollar for buying and selling at 82.85 and 82.90 on the interbank market on Friday, dealers said. Importers were active in purchasing dollars ahead of Eid-ul-Fitr holidays, they said and added that meeting the payments of import bills kept dollar higher versus the rupee.
In final Asian trade dollar fell to a one-year low against a basket of currencies after Chinese data came in stronger than expected and added to economic recovery hopes, prompting investors to keep shifting funds to riskier and growth-linked currencies. The dollar dropped to a seven-month low against yen and a one-year trough versus the New Zealand dollar.
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Open Buying Rs 82.70
Open Selling Rs 82.80
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Buying Rs 82.85
Selling Rs 82.90
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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 10.25 12.50 10.50 12.75 11.50
1-Week 11.50 12.00 11.90 12.10 11.88
2-Week 11.75 12.25 12.10 12.30 12.10
1-Month 11.85 12.35 12.20 12.40 12.20
2-Months 11.90 12.15 12.10 12.25 12.10
3-Months 11.80 12.15 12.15 12.25 12.09
4-Months 11.80 12.15 12.15 12.30 12.10
5-Months 11.80 12.20 12.15 12.30 12.11
6-Months 11.85 12.25 12.15 12.30 12.14
9-Months 11.90 12.25 12.20 12.35 12.18
1-Year 11.90 12.25 12.20 12.35 12.18
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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 10.50 12.50 10.75 12.75 11.63
1-Week 11.90 12.30 12.20 12.40 12.20
2-Week 12.10 12.30 12.25 12.40 12.26
1-Month 12.15 12.45 12.25 12.50 12.34
2-Months 12.15 12.45 12.25 12.50 12.34
3-Months 12.25 12.45 12.30 12.50 12.38
4-Months 12.25 12.50 12.30 12.55 12.40
5-Months 12.35 12.50 12.40 12.60 12.46
6-Months 12.40 12.60 12.40 12.65 12.51
9-Months 12.40 12.60 12.45 12.70 12.54
1-Year 12.45 12.65 12.50 12.70 12.58
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