Dearth of dollars made the rupee unable to resist further slide against the greenback on the open market as the local currency is going to touch the new low at 86 at any time, currency viewers said. On the open market the rupee shed five paisa against dollar for buying at 85.60 and lost 15 paisa for selling at 85.80, they said.
It appeared that the weak economic indicators and panic buying of dollars were dragging the rupee to face free-fall in its value in terms of the greenback, they added. The rupee also gave up firmness versus euro, losing 50 paisa for buying and selling at Rs 120.45 and Rs 120.95, dealers said.
On the interbank market the rupee retained its level in relation to dollar for buying and selling at 84.50 and 84.55, they said. In the final Asian trade, the yen surged against dollar and euro as a break of key support triggered stop-loss sales, while risk appetite lessened due to the White House's proposals to regulate US banks. The euro tumbled to a nine-month low of 126.55 yen after breaching a long-held chart support at 127.00 yen, taking the dollar down with it to its weakest in a month.

==============================
Buying                Rs 84.50
Selling               Rs 84.55
==============================

==============================
Open Buying           Rs 85.60
Open Sellin           Rs 85.80
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight     9.50     10.50        9.55       10.75        10.08
1-Week       10.90     11.50       11.50       11.75        11.41
2-Week       11.25     11.70       11.60       11.90        11.61
1-Month      11.55     11.90       11.80       11.95        11.80
2-Months     11.70     11.90       11.90       12.00        11.88
3-Months     11.75     11.95       11.95       12.05        11.93
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
=================================================================
Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight     9.50     10.50        9.60       10.75        10.09
1-Week       11.25     11.75       11.70       11.90        11.65
2-Week       11.40     12.00       11.90       12.10        11.85
1-Month      11.65     12.10       12.00       12.20        11.99
2-Months     11.90     12.15       12.10       12.25        12.10
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
=================================================================