No change was witnessed on the money market on Tuesday as the rupee firmly held the overnight levels in terms of dollar, money experts said. The rupee was unchanged versus dollar for buying and selling at 85.90 and 85.95, they said.
Some traders cited talk that US companies such as Pfizer could repatriate dollars earned overseas to take advantage of a proposed US tax break as helping to push the euro below $1.4500. Indian rupee was trading at Rs 44.43 versus dollar, Malaysian ringgit was available at 3.0055 in relation to the greenback and Chinese yuan was available at 6.4625 in terms of the US currency.
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Open Buying Rs.86.00
Open Selling Rs.86.20
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Buying Rs.85.90
Selling Rs.85.95
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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 13.90 13.00 13.90 13.39
1-Week 12.50 13.25 13.20 13.30 13.06
2-Week 12.75 13.20 13.20 13.25 13.10
1-Month 12.90 13.25 13.20 13.30 13.16
2-Months 13.00 13.35 13.30 13.40 13.26
3-Months 13.10 13.35 13.35 13.45 13.31
4-Months 13.10 13.40 13.35 13.45 13.33
5-Months 13.15 13.40 13.40 13.50 13.36
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 12.75 13.90 13.00 13.95 13.40
1-Week 12.75 13.30 13.30 13.35 13.18
2-Week 13.00 13.25 13.25 13.30 13.20
1-Month 13.10 13.30 13.30 13.35 13.26
2-Months 13.15 13.40 13.40 13.50 13.36
3-Months 13.15 13.50 13.45 13.60 13.43
4-Months 13.20 13.50 13.50 13.65 13.46
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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