THE RUPEE: parity stays put

13 Nov, 2009

Rising trend in the remittances helped the rupee to resist sharp erosion against dollar on the currency market on Thursday, dealers said. On the interbank market the rupee retained its overnight levels versus dollar for buying and selling at 83.45 and 83.50, they added. Amid fourth Asian trade dollar was on slippery ground after the Australian dollar jumped to a 15-month high on strong jobs data that boosted expectations of an interest rate hike next month.


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Open Buying Rs 83.45
Open Selling Rs 83.55
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Buying Rs.83.45
Selling Rs.83.50
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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 12.50 12.90 12.70 12.90 12.75
1-Week 12.20 12.35 12.30 12.40 12.31
2-Week 12.15 12.35 12.30 12.40 12.30
1-Month 12.15 12.35 12.25 12.40 12.29
2-Months 12.10 12.35 12.30 12.40 12.29
3-Months 12.00 12.30 12.25 12.40 12.24
4-Months 12.00 12.30 12.25 12.40 12.24
5-Months 11.90 12.25 12.20 12.35 12.18
6-Months 11.90 12.25 12.20 12.30 12.16
9-Months 11.90 12.25 12.20 12.30 12.16
1-Year 11.90 12.20 12.20 12.30 12.15
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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 12.90 12.75 12.95 12.78
1-Week 12.25 12.50 12.35 12.60 12.43
2-Week 12.25 12.60 12.30 12.70 12.46
1-Month 12.25 12.60 12.45 12.70 12.50
2-Months 12.30 12.60 12.45 12.75 12.53
3-Months 12.30 12.60 12.45 12.75 12.53
4-Months 12.35 12.65 12.50 12.75 12.56
5-Months 12.40 12.70 12.50 12.85 12.61
6-Months 12.45 12.70 12.50 12.85 12.63
9-Months 12.45 12.75 12.55 12.90 12.66
1-Year 12.45 12.80 12.75 13.00 12.75
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Pound Sterling opened at Rs 136.80 (buying) and Rs 137.00 (selling) against the overnight value. It did not observe further change in the evening session and closed at Rs 136.80 (buying) and Rs 137.00 (selling).

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