The dollar got an opportunity to go up versus the rupee on the currency market on Saturday, experts said. The rupee shed 15 paisa in relation to dollar at 85.95 and shed 14 paisa for selling at 85.99, they said.
Passage is mandatory for the country to secure more bailout funds from euro zone governments. If more funds aren't found, Greece could default on its massive debt, a development that would roil markets. Banks and policymakers moved closer to a deal on Friday.
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Open Buying Rs 86.10
Open Selling Rs 86.30
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Buying Rs 85.95
Selling Rs 85.99
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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 12.50 13.25 13.00 13.40 13.04
1-Week 12.25 13.35 13.20 13.40 13.05
2-Week 12.50 13.30 13.30 13.35 13.11
1-Month 12.75 13.30 13.25 13.35 13.16
2-Months 12.80 13.30 13.30 13.35 13.19
3-Months 12.90 13.35 13.35 13.45 13.26
4-Months 13.00 13.40 13.35 13.45 13.30
5-Months 13.10 13.40 13.40 13.50 13.35
6-Months 13.25 13.50 13.50 13.60 13.46
9-Months 13.30 13.60 13.60 13.70 13.55
1-Year 13.40 13.65 13.65 13.75 13.61
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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 12.60 13.30 13.00 13.40 13.08
1-Week 12.50 13.45 13.40 13.50 13.21
2-Week 12.75 13.40 13.40 13.50 13.26
1-Month 13.00 13.40 13.40 13.50 13.33
2-Months 12.95 13.50 13.45 13.60 13.38
3-Months 13.10 13.50 13.45 13.60 13.41
4-Months 13.10 13.50 13.50 13.65 13.44
5-Months 13.25 13.55 13.50 13.65 13.49
6-Months 13.30 13.60 13.50 13.65 13.51
9-Months 13.50 13.70 13.60 13.75 13.64
1-Year 13.50 13.75 13.60 13.90 13.69
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The dollar resumed trading at Rs 86.00 (buying) and Rs 86.25 (selling) against the Friday's rate of Rs 86.05 and 86.25. In the wake of fresh buying activity, the dollar moved up and closed at Rs 86.15 (buying) and Rs 86.25 (selling).
On the other hand, the British pound lost its worth against the local currency. Pound Sterling was purchased and sold at Rs 138.60 and Rs 139.00, as against Rs 138.20 and Rs 139.20 on Friday.
The dollar opened at Rs 86.00 (buying) and Rs 86.20 (selling) against the last rate. It did not observe further change in the evening session and closed at Rs 86.00 (buying) and Rs 86.20 (selling).
Pound Sterling opened at Rs 138.40 (buying) and Rs 138.50 (selling) against the overnight value. It did not observe further change in the evening session and closed at Rs 138.40 (buying) and Rs 138.50 (selling).