All-round decline was seen on the local currency market on Tuesday in process of strong demand for dollars, dealers said. On the interbank market the rupee continued its sharp fall versus the greenback, losing 14 paisa for buying at 84.68 and it also fell by 15 paisa for selling at 84.72, they said.
During the second day of Asian trade dollar slipped against a basket of currencies as growing hopes for a global economic recovery encouraged investors to shift funds to riskier assets from the greenback. The dollar was also under pressure from fund mangers trying to rebuild their portfolios at the start of the year by buying stocks, commodities and higher-yielding currencies.
The US currency extended losses against yen, triggered by stop-loss orders below 92.10 yen and also below 92.00 yen, traders said. The fall in dollar/yen dragged down yen crosses, which succumbed to profit-taking, they said.

==============================
Buying                Rs 84.68
Selling               Rs.84.72
==============================

==============================
Open Buying           Rs.84.60
Open Selling          Rs.84.70
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    10.25      11.50       10.60       11.75       11.03
1-Week       11.20      11.40       11.40       11.60       11.40
2-Week       11.40      11.70       11.60       11.80       11.63
1-Month      11.70      11.90       11.90       12.00       11.88
2-Months     11.85      12.00       12.00       12.10       11.99
3-Months     11.85      12.00       12.00       12.10       11.99
4-Months     11.85      12.00       12.00       12.10       11.99
5-Months     11.90      12.05       12.00       12.15       12.03
6-Months     11.90      12.10       12.10       12.20       12.08
9-Months     11.90      12.10       12.00       12.20       12.05
1-Year       11.90      12.10       12.10       12.20       12.08
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight     9.75      10.75       10.00       11.00       10.38
1-Week       11.25      11.50       11.50       11.75       11.50
2-Week       11.50      11.80       11.70       11.90       11.73
1-Month      11.75      12.10       11.90       12.20       11.99
2-Months     11.90      12.10       12.10       12.25       12.09
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
=================================================================