THE RUPEE: dollar slips marginally

18 May, 2011

Slight changes were seen on the currency market on Tuesday as the rupee moved cautiously versus dollar in process of trading, dealers said. The rupee inched up in relation to dollar, gaining two paisa for buying at 85.32 and picked up one paisa for selling at 85.37, they added.


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Open Buying Rs.85.50
Open Selling Rs.85.60
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Buying Rs.85.32
Selling Rs.85.37
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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 11.75 13.20 13.20 13.30 12.86
2-Week 11.90 13.10 13.10 13.20 12.83
1-Month 12.00 13.00 13.05 13.10 12.79
2-Months 12.40 13.05 13.05 13.15 12.91
3-Months 12.75 13.05 13.00 13.15 12.99
4-Months 12.90 13.10 13.10 13.20 13.08
5-Months 13.00 13.35 13.25 13.40 13.25
6-Months 13.20 13.35 13.30 13.40 13.31
9-Months 13.25 13.50 13.50 13.60 13.46
1-Year 13.40 13.60 13.50 13.65 13.54
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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 13.30 13.20 13.40 13.04
2-Week 12.40 13.20 13.20 13.40 13.05
1-Month 12.50 13.15 13.10 13.25 13.00
2-Months 12.90 13.20 13.15 13.30 13.14
3-Months 13.10 13.25 13.20 13.35 13.23
4-Months 13.10 13.35 13.25 13.45 13.29
5-Months 13.25 13.45 13.35 13.55 13.40
6-Months 13.30 13.50 13.40 13.60 13.45
9-Months 13.50 13.65 13.60 13.70 13.61
1-Year 13.50 13.75 13.60 13.85 13.68
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According to dealers, the dollar closed at Rs 85.60 and Rs 85.80 as its buying and selling rates against overnight Rs 85.45 and Rs 85.65 respectively.
However, the rupee-pound parity remained unchanged as the pound was traded at its Monday closing of Rs 138.80 and Rs 139.50 on buying and selling sides, respectively, dealers said.
The dollar resumed trading at Rs 84.50 (buying) and Rs 85.10 (selling) against same last rates. It did not observe further change in the evening session and closed at Rs 84.50 (buying) and Rs 85.10 (selling).
Pound sterling opened at Rs 136.50 (buying) and Rs 137.60 (selling) against same previous rates. It did not witness any change in the evening session and closed at Rs 136.50 (buying) and Rs 137.60 (selling).

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