The rupee gave up its overnight firmness against dollar on the interbank market due to heavy buying of the greenback, dealers said. The rupee lost 20 paisa versus the US currency for buying and selling at 85.35 and 85.40 in process of trading, they said.
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Open Buying Rs 85.15
Open Selling Rs.85.30
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Buying Rs.85.35
Selling Rs.85.40
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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 13.75 13.90 13.80 13.90 13.84
1-Week 12.25 13.40 13.40 13.50 13.14
2-Week 12.25 13.30 13.15 13.35 13.01
1-Month 12.00 13.20 13.20 13.30 12.93
2-Months 12.40 13.20 13.25 13.30 13.04
3-Months 12.50 13.25 13.30 13.40 13.11
4-Months 13.00 13.30 13.30 13.45 13.26
5-Months 13.20 13.45 13.40 13.50 13.39
6-Months 13.35 13.50 13.45 13.55 13.46
9-Months 13.40 13.60 13.50 13.65 13.54
1-Year 13.45 13.60 13.55 13.65 13.56
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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 13.75 13.90 13.85 13.95 13.86
1-Week 12.30 13.70 13.30 13.75 13.26
2-Week 12.40 13.50 13.30 13.60 13.20
1-Month 12.70 13.40 13.30 13.50 13.23
2-Months 13.00 13.45 13.35 13.50 13.33
3-Months 13.10 13.60 13.40 13.70 13.45
4-Months 13.25 13.65 13.45 13.75 13.53
5-Months 13.40 13.70 13.50 13.75 13.59
6-Months 13.50 13.75 13.70 13.90 13.71
9-Months 13.60 13.80 13.75 13.95 13.78
1-Year 13.50 13.90 13.80 14.00 13.80
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According to the currency dealers, there was no change in the dollar's demand and supply situation that helped rupee stability in the local market. The dollar was traded at its overnight closing of Rs 85.10 and Rs 85.40 on buying and selling sides, respectively.
The rupee maintained upward slide and further improved against the pound sterling that remained under selling pressure. The pound was ended lower at Rs 136.50 and Rs 137.50, as compared to Friday closing of Rs 137.00 and Rs 138.00, respectively, the dealers added.
The dollar resumed trading at Rs 85.25 (buying) and Rs 85.35 (selling) against the last rate. It did not observe further change in the evening session and closed at Rs 85.25 (buying) and Rs 85.35 (selling).
Pound Sterling opened at Rs 136.40 (buying) and Rs 137.50 (selling) against the previous rate. It did not witness any change in the evening session and closed at Rs 136.40 (buying) and Rs 137.50 (selling).