THE RUPEE: dollar moves both ways

26 Nov, 2009

Rates moved both ways on the currency market on Wednesday amid good supply of US currency, dealers said. On the interbank market the rupee gained two paisa against dollar for buying at 83.50 while it did not show any change for selling at 83.55, they observed. In the third Asian trade dollar ground to its lowest in seven weeks against yen while the Australian dollar rose after a central banker and upbeat construction data supported expectations of a rate rise.
The Reserve Bank of Australia Deputy Governor Ric Battellino said the economy had entered a new growth phase that would last for years, helping push the Australian dollar above $0.9200 and gain on yen on speculation of the third interest rate hike in a row in December.


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Open Buying Rs 83.45
Open Selling Rs 83.55
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Buying Rs 83.50
Selling Rs 83.55
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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 10.50 11.75 10.75 12.00 11.25
1-Week 11.25 11.75 11.50 12.00 11.63
2-Week 11.60 12.00 11.75 12.00 11.84
1-Month 11.75 12.00 11.90 12.10 11.94
2-Months 11.80 12.10 12.05 12.20 12.04
3-Months 11.80 12.10 12.05 12.20 12.04
4-Months 11.80 12.10 12.10 12.25 12.06
5-Months 11.80 12.05 12.00 12.15 12.00
6-Months 11.75 12.05 12.00 12.15 11.99
9-Months 11.75 12.00 12.00 12.15 11.98
1-Year 11.90 12.10 12.10 12.20 12.08
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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 11.00 11.75 11.25 12.00 11.50
1-Week 11.50 11.90 11.75 12.00 11.79
2-Week 11.75 12.10 12.00 12.25 12.03
1-Month 11.75 12.20 12.10 12.25 12.08
2-Months 12.00 12.20 12.10 12.25 12.14
3-Months 12.00 12.25 12.15 12.30 12.18
4-Months 12.10 12.25 12.15 12.30 12.20
5-Months 12.10 12.30 12.20 12.35 12.24
6-Months 12.15 12.30 12.25 12.35 12.26
9-Months 12.15 12.40 12.35 12.45 12.34
1-Year 12.25 12.45 12.40 12.50 12.40
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Pound sterling opened at Rs 137.50 (buying) and Rs 137.70 (selling) against same previous rates. It did not observe further change in the last trading hours and closed at Rs 137.50 (buying) and Rs 137.70 (selling).

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