The rupee failed to come out of the bottom on the local currency market on Wednesday due to slow demand for dollars, dealers said. On the interbank market the rupee shed two paisa versus dollar at 84.62 and 84.67 for buying and selling, they said.
In the third Asian trade euro fell broadly, hitting a five-month low against dollar on concern about Greece's fiscal problems and breaking below a key chart level that could signal a bearish trend for the currency. The euro's slide below its 200-day moving average of around $1.4296 initially gave investors a technical sign to sell the currency, and its break below $1.4250 and then lows of December and September later triggered loss-cutting orders and sparked broad euro-selling, traders said. The euro dropped to a five-month trough versus sterling.

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Buying                Rs 84.62
Selling               Rs 84.67
==============================

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Open Buying           Rs.85.50
Open Selling          Rs.85.60
==============================
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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    11.75     12.25       11.90       12.40        12.08
1-Week       11.60     11.95       11.95       12.10        11.90
2-Week       11.65     12.00       11.95       12.10        11.93
1-Month      11.75     12.00       12.00       12.05        11.95
2-Months     11.75     11.95       11.95       12.05        11.93
3-Months     11.80     11.95       12.00       12.05        11.95
4-Months     11.85     12.00       12.00       12.10        11.99
5-Months     11.85     12.00       12.00       12.10        11.99
6-Months     11.90     12.05       12.05       12.15        12.04
9-Months     11.90     12.05       12.05       12.15        12.04
1-Year       11.95     12.05       12.05       12.15        12.05
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Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    11.75     12.30       11.90       12.40        12.09
1-Week       11.90     12.25       12.10       12.30        12.14
2-Week       11.95     12.15       12.10       12.25        12.11
1-Month      12.00     12.15       12.15       12.20        12.13
2-Months     12.00     12.15       12.10       12.25        12.13
3-Months     12.00     12.25       12.15       12.30        12.18
4-Months     12.15     12.25       12.20       12.30        12.23
5-Months     12.15     12.30       12.20       12.35        12.25
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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