Mixed patterns were seen on the currency market on Thursday as the rupee resisted sharp losses versus dollar and euro, dealers said. The rupee retained its level against dollar for buying at 87.41 while it shed four paisa for selling at 87.46, they said.
On the day, euro bobbed up 0.6 percent to a session peak of $1.3638, as stocks and commodities were scooped up on dips after an overnight sell-off, with the rally getting stuck in a layer of offers at $1.3620-40. Stop losses loom at $1.3650.
The euro has lost nearly seven percent against dollar this quarter, hammered by nagging worries over the prospect of Greek default and constant bickering by European policymakers over the response to the crisis.
Interbank buy/sell rates for taka against dollar on Thursday: 75.28-75.30 (previous 75.22-75.24) Call Money Rates: 6.00-8.00 percent (previous 6.50-8.50 percent). The dollar versus the Indian rupee was available at Rs 48.91, versus the Malaysian ringgit it was trading at 3.1880 and in terms of the Chinese yuan the US currency was at 6.3979.
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Open Buying Rs 88.20
Open Selling Rs.88.40
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Buying Rs.87.41
Selling Rs.87.46
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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 13.40 13.40 13.40 13.40 13.40
1-Week 13.25 13.40 13.40 13.40 13.36
2-Week 13.15 13.30 13.35 13.40 13.30
1-Month 13.10 13.25 13.30 13.35 13.25
2-Months 13.10 13.20 13.25 13.30 13.21
3-Months 12.90 13.15 13.15 13.20 13.10
4-Months 12.85 13.05 13.10 13.20 13.05
5-Months 12.80 13.00 13.10 13.15 13.01
6-Months 12.80 13.00 13.10 13.15 13.01
9-Months 12.85 13.00 13.00 13.10 12.99
1-Year 12.85 13.00 13.05 13.10 13.00
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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 13.40 13.40 13.40 13.45 13.41
1-Week 13.25 13.40 13.40 13.45 13.38
2-Week 13.25 13.40 13.40 13.40 13.36
1-Month 13.15 13.30 13.30 13.35 13.28
2-Months 13.00 13.25 13.25 13.35 13.21
3-Months 12.90 13.25 13.25 13.30 13.18
4-Months 12.90 13.25 13.25 13.30 13.18
5-Months 12.90 13.30 13.25 13.35 13.20
6-Months 13.00 13.30 13.30 13.35 13.24
9-Months 13.00 13.30 13.30 13.35 13.24
1-Year 13.00 13.35 13.30 13.40 13.26
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