THE RUPEE: dollar 15 paisa down

12 Dec, 2009

Rates moved both ways on the currency market on Friday amid rising demand for dollars, dealers said. The rupee managed to recover 15 paisa against dollar for buying and selling at 84.05 and 84.10 in process of trading, they said.
In the final session dollar held steady while the yen lost ground on Friday, dented by firmer stock markets and a rise in sterling after Moody's analysts said there was no threat to ratings of the UK and United States at the moment.
Traders said investors were looking for opportunities to liquidate long yen positions as business winds down for the year and once widely-watched Chinese data had come in as expected, supporting Asian share markets, position closing set in.


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Open Buying Rs 84.40
Open Selling Rs 84.50
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Buying Rs 84.05
Selling Rs 84.10
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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 9.50 9.90 9.60 10.00 9.75
1-Week 11.20 11.50 11.60 11.75 11.51
2-Week 11.50 11.75 11.75 11.90 11.73
1-Month 11.75 12.00 11.90 12.05 11.93
2-Months 11.75 12.00 11.90 12.15 11.95
3-Months 11.80 12.10 11.90 12.15 11.99
4-Months 11.85 12.10 12.00 12.15 12.03
5-Months 11.90 12.05 12.00 12.15 12.03
6-Months 11.90 12.10 12.00 12.15 12.04
9-Months 11.90 12.10 12.00 12.15 12.04
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 9.50 9.90 9.60 10.00 9.75
1-Week 11.25 11.60 11.70 11.80 11.59
2-Week 11.65 11.90 11.90 12.00 11.86
1-Month 12.00 12.25 12.10 12.30 12.16
2-Months 12.00 12.25 12.15 12.30 12.18
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 135.50 (buying) and Rs 135.80 (selling) against the overnight value. It did not observe any further change and closed at Rs 137.00 (buying) and Rs 137.10 (selling).

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