Rates moved both ways on the currency market on Friday as the dollar was in demand by the importers to meet the payment requirements, dealers said. On the interbank market the rupee shed five paisa at 83.15 and 83.20 versus the US currency for buying and selling, they said.
In the final Asian session US dollar held firm against most other major currencies after investors cut short positions and booked profits in higher-yielding currencies ahead of a US payrolls report for September due later in the day. The yen rose broadly as Tokyo's benchmark share average fell further below the key 10,000 mark, prompting some traders to think Japanese retail investors may become hesitant to take risks and invest overseas.
================================
Buying Rs 83.15
Selling Rs 83.20
================================
==============================
Open Buying Rs 82.95
Open Selling Rs 83.05
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.10 11.50 10.15 12.00 10.94
1-Week 11.80 12.10 12.00 12.20 12.03
2-Week 12.00 12.20 12.15 12.30 12.16
1-Month 12.00 12.25 12.20 12.30 12.19
2-Months 12.00 12.25 12.25 12.30 12.20
3-Months 12.00 12.25 12.25 12.35 12.21
4-Months 12.00 12.25 12.20 12.40 12.21
5-Months 12.00 12.30 12.20 12.40 12.23
6-Months 12.00 12.30 12.20 12.50 12.25
9-Months 12.10 12.35 12.30 12.50 12.31
1-Year 12.20 12.35 12.30 12.55 12.35
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.25 11.75 10.30 12.00 11.08
1-Week 11.90 12.30 12.10 12.40 12.18
2-Week 12.10 12.30 12.20 12.40 12.25
1-Month 12.10 12.30 12.30 12.45 12.29
2-Months 12.20 12.35 12.30 12.45 12.33
3-Months 12.25 12.35 12.30 12.45 12.34
4-Months 12.25 12.45 12.30 12.50 12.38
5-Months 12.30 12.45 12.35 12.50 12.40
6-Months 12.45 12.60 12.50 12.65 12.55
9-Months 12.45 12.60 12.50 12.65 12.55
1-Year 12.45 12.65 12.50 12.70 12.58
=================================================================