Firmness prevailed on the currency market on Friday as the rupee did not show any change against the dollar in process of trading, dealers said. On the interbank market, the rupee did not move any side in terms of dollar for buying and selling at 83.20 and 83.25, they said.
At the final session in Asian market yen stayed under broad pressure as investors cut some of their long positions, while sterling approached its highest level in three weeks following upbeat central bank comments.
The yen struggled as short covering in the pound spilled over to other cross/yen pairs, easing to as far as 90.99 per dollar from 90.60 late on Thursday in New York where it lost over one percent. The euro and high-yielding currencies such as the Australian and the New Zealand dollars hit new highs for the year against dollar after positive US data and encouraging corporate earnings prompted investors to further build long positions, dealers said.
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Buying Rs 83.20
Selling Rs.83.25
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Open Buying Rs.83.25
Open Selling Rs.83.35
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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 12.40 12.90 12.55 12.90 12.69
1-Week 12.10 12.35 12.35 12.45 12.31
2-Week 12.00 12.35 12.30 12.40 12.26
1-Month 12.10 12.35 12.35 12.40 12.30
2-Months 12.00 12.35 12.30 12.40 12.26
3-Months 12.00 12.30 12.30 12.40 12.25
4-Months 12.00 12.30 12.30 12.40 12.25
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 12.50 12.80 12.60 12.90 12.70
1-Week 12.30 12.50 12.40 12.55 12.44
2-Week 12.30 12.45 12.40 12.55 12.43
1-Month 12.30 12.45 12.45 12.55 12.44
2-Months 12.30 12.45 12.45 12.60 12.45
3-Months 12.30 12.50 12.45 12.60 12.46
4-Months 12.30 12.50 12.50 12.60 12.48
5-Months 12.35 12.55 12.50 12.65 12.51
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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