THE RUPEE: dollar eases

16 Jan, 2011

The rupee fluctuated slightly in terms of dollar and euro on the currency market on Saturday, dealers said. The rupee gained eight paisa against dollar for buying at 85.48 and rose by six paisa for selling at 85.54, they said.


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Open Buying Rs 85.90
Open Selling Rs 86.10
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Buying Rs 85.48
Selling Rs 85.54
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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 12.75 13.75 13.00 13.90 13.35
1-Week 11.70 12.90 12.85 13.00 12.61
2-Week 11.75 12.90 12.95 13.00 12.65
1-Month 11.90 12.90 12.95 13.00 12.69
2-Months 12.25 13.10 13.00 13.20 12.89
3-Months 12.70 13.15 13.15 13.30 13.08
4-Months 12.70 13.20 13.20 13.30 13.10
5-Months 12.75 13.25 13.25 13.40 13.16
6-Months 13.25 13.45 13.30 13.50 13.38
9-Months 13.25 13.60 13.60 13.75 13.55
1-Year 13.35 13.65 13.70 13.80 13.63
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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 12.75 13.75 13.00 13.90 13.35
1-Week 12.25 12.95 12.90 13.10 12.80
2-Week 12.25 13.10 13.00 13.25 12.90
1-Month 12.40 13.20 12.95 13.25 12.95
2-Months 12.75 13.25 13.25 13.40 13.16
3-Months 12.90 13.40 13.25 13.50 13.26
4-Months 12.90 13.50 13.30 13.60 13.33
5-Months 13.00 13.50 13.40 13.75 13.41
6-Months 13.30 13.70 13.65 13.90 13.64
9-Months 13.30 13.75 13.70 13.90 13.66
1-Year 13.40 13.80 13.75 13.90 13.71
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Likewise, the local currency showed strength and appreciated its worth against the pound sterling. The pound was purchased and sold at Rs 135.50 and Rs 136.50, as compared to overnight closing rates of Rs 135.20 and Rs 136.00, respectively, the dealers said.
The dollar resumed trading at Rs 85.50 (buying) and Rs 85.80 (selling) against last rate of Rs 86.20 (buying) and Rs 86.30 (selling). It did not observe further change in the evening session and closed at Rs 85.50 (buying) and Rs 85.80 (selling). Pound sterling opened at Rs 136.30 (buying) and Rs 136.70 (selling) in the morning session. It did not observe further change in the last trading hours and closed at Rs 136.30 (buying) and Rs 136.70 (selling).

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