THE RUPEE: modest fall

03 Mar, 2010

The rates moved both ways on currency market on Tuesday in process of trading, exports said. On the interbank market, the rupee extended its fall, losing four paisa against dollar for buying at 85.08 and shed eight paisa for selling at 85.12, dealers said.
In the second Asian trade sterling dipped and was seen likely to stay weak after tumbling to a 10-month low the previous day, while the euro's outlook remained clouded by uncertainty over a bailout for debt-strapped Greece.
The Australian dollar initially climbed after the Reserve Bank of Australia raised interest rates by 25 basis points to 4.0 percent, but it later erased its gains.


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Buying Rs 85.08
Selling Rs.85.12
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Open Buying Rs.85.40
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 11.60 12.15 11.90 12.25 11.98
1-Week 11.20 12.00 11.75 12.10 11.76
2-Week 11.45 12.00 11.90 12.10 11.86
1-Month 11.50 12.00 12.00 12.10 11.90
2-Months 11.65 12.00 12.05 12.10 11.95
3-Months 11.80 12.10 12.10 12.15 12.04
4-Months 11.80 12.10 12.10 12.15 12.04
5-Months 11.85 12.10 12.10 12.20 12.06
6-Months 11.85 12.10 12.10 12.20 12.06
9-Months 11.85 12.10 12.10 12.20 12.06
1-Year 11.95 12.10 12.10 12.20 12.09
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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 11.75 12.20 12.00 12.40 12.09
1-Week 11.50 12.10 12.00 12.15 11.94
2-Week 11.60 12.10 12.00 12.15 11.96
1-Month 11.70 12.10 12.00 12.15 11.99
2-Months 11.90 12.15 12.15 12.20 12.10
3-Months 11.90 12.20 12.15 12.25 12.13
4-Months 12.00 12.20 12.15 12.25 12.15
5-Months 12.00 12.25 12.10 12.30 12.16
6-Months 12.00 12.25 12.15 12.30 12.18
9-Months 12.10 12.25 12.20 12.30 12.21
1-Year 12.15 12.30 12.25 12.40 12.28
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