Bears dominated the interbank market on Saturday as the rupee lost 15 paisa versus dollar for buying and selling at 83.35 and 83.40, dealers said. Increasing demand for dollars pushed the rupee down and it is likely that the buying of US currency may increase in the coming days to clear the payments, they said.
At the weekend the interesting feature appeared as dollar and euro soared against sterling after data showing the UK economy was still mired in recession stunned investors who had expected it to return to growth. The pound shed almost four cents against dollar as it fell from a six-week high after the British Government said the economy contracted 0.4 percent between July and September, making the current recession the longest on record.
The euro also gained against sterling, supported partly by data that suggested the euro zone recovery is gathering pace. But it retreated against dollar after hitting a fresh 14-month high around $1.5060.

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Buying                Rs 83.35
Selling               Rs 83.40
==============================

==============================
Open Buying           Rs.83.60
Open Selling          Rs.83.70
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   12.20      12.50       12.40       12.75        12.46
1-Week      12.00      12.30       12.35       12.45        12.28
2-Week      12.00      12.35       12.35       12.45        12.29
1-Month     12.10      12.40       12.40       12.50        12.35
2-Months    12.10      12.35       12.30       12.40        12.29
3-Months    12.10      12.30       12.30       12.40        12.28
4-Months    12.10      12.30       12.30       12.40        12.28
5-Months    12.15      12.30       12.30       12.40        12.29
6-Months    12.15      12.30       12.35       12.45        12.31
9-Months    12.20      12.40       12.35       12.50        12.36
1-Year      12.20      12.40       12.35       12.50        12.36
=================================================================
Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   12.25      12.60       12.50       12.90        12.56
1-Week      12.25      12.40       12.45       12.50        12.40
2-Week      12.25      12.40       12.40       12.50        12.39
1-Month     12.30      12.45       12.45       12.50        12.43
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
=================================================================