Steady trend was seen on the interbank market on Monday as the rupee retained its weekend levels versus dollar for buying and selling at 83.25 and 83.30, they said. In the first Asian trade dollar edged broadly higher, extending a short-covering bounce against yen as investors trimmed dollar-selling positions on caution that US interest rates could move up earlier than expected.
The dollar had been under heavy selling pressure on the prospect that US interest rates could remain low for a while and it hit its weakest level in eight months against yen last week and a 14-month low against a basket of six currencies.
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Buying Rs 83.25
Selling Rs.83.30
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Open Buying Rs.83.10
Open Selling Rs.83.20
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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 12.00 12.50 12.25 12.75 12.38
1-Week 12.20 12.30 12.30 12.40 12.30
2-Week 12.20 12.30 12.30 12.40 12.30
1-Month 12.10 12.30 12.30 12.35 12.26
2-Months 12.00 12.25 12.25 12.35 12.21
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
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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 12.30 12.60 12.50 12.75 12.54
1-Week 12.25 12.40 12.35 12.50 12.38
2-Week 12.25 12.40 12.40 12.50 12.39
1-Month 12.20 12.40 12.40 12.55 12.39
2-Months 12.20 12.35 12.45 12.60 12.40
3-Months 12.25 12.35 12.45 12.60 12.41
4-Months 12.25 12.45 12.50 12.60 12.45
5-Months 12.30 12.45 12.50 12.65 12.48
6-Months 12.45 12.60 12.55 12.65 12.56
9-Months 12.45 12.60 12.55 12.70 12.58
1-Year 12.45 12.65 12.60 12.70 12.60
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