Rates moved both ways on the local currency market on Tuesday as demand for dollars was matching with supply, money viewers said. On the interbank market the rupee was unchanged versus dollar for buying and selling at 84.60 and 84.65, they said.
In the second session of Asian trade yen rose broadly after sources said selected Chinese banks were ordered to raise their reserve ratios effective Tuesday. The dollar fell to 90.02 yen, pulling away from its intraday high of 90.56 yen. The dollar was last at 90.13 yen, down 0.2 percent on the day.
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Buying Rs 84.60
Selling Rs.84.65
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Open Buying Rs.86.15
Open Selling Rs.86.25
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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 12.40 11.80 12.40 12.09
1-Week 11.65 12.00 11.90 12.05 11.90
2-Week 11.65 11.95 11.95 12.00 11.89
1-Month 11.70 11.95 11.90 12.00 11.89
2-Months 11.75 11.90 11.90 12.00 11.89
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 11.85 12.05 12.00 12.15 12.01
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
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Overnight 11.80 12.40 11.90 12.45 12.14
1-Week 11.85 12.10 11.90 12.15 12.00
2-Week 11.80 12.10 11.90 12.15 11.99
1-Month 11.85 12.10 12.00 12.20 12.04
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
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Similarly, the rupee also depreciated against pound sterling, which was traded at Rs 138.20 and Rs 139.00 on buying and selling counters, respectively, as compared to Rs 138.00 and Rs 138.60, dealers said.
Pound Sterling opened at Rs 138.80 (buying) and Rs 138.90 (selling) against last rate of Rs 138 (buying) and Rs 138.10 (selling). It did not observe further change in the last trading hours and closed at Rs 138.80 (buying) and Rs 138.90 (selling).