Falling trend continued in the interbank market on Friday as the dollar went up after breaching a psychological level of Rs 57.70 on high corporate demand, analysts said.
Despite the fact that the rupee was recovering its lost ground by the passing of time, but it has not come out of weal spell in the interbank market, they added.
The local currency gained five paisa versus the dollar for buying and selling at Rs 57.69 and Rs 57.71 respectively.
In the coming days, the rupee might not be able to sustain its present levels due to heavy payments ahead of the Federal budget, they opined.
The greenback is still under pressure in the international markets in the absence of guiding factor, said the dealers.
The single European currency, Euro, jumped with a solid gain of 50 paisa on the buying and selling counters at Rs 71.05 and Rs 71.35 respectively, they added.
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Kerb Buying Rs 58.25
Kerb Selling Rs 58.35
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Buying Rs 57.69
Selling Rs 57.71
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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 0.20 0.40 0.30 0.60 0.38
1-Week 0.90 1.10 1.30 1.50 1.20
2-Week 1.25 1.40 1.50 1.80 1.49
1-Month 1.50 1.70 1.90 2.10 1.80
2-Months 2.00 2.20 2.40 2.60 2.30
3-Months 2.30 2.50 2.70 2.90 2.60
4-Months 2.40 2.60 2.80 3.00 2.70
5-Months 2.40 2.65 2.80 3.00 2.71
6-Months 2.40 2.60 2.90 3.00 2.70
9-Months 2.50 2.70 2.90 3.10 2.80
1-Year 2.70 2.90 3.10 3.30 3.00
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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 0.30 0.50 0.40 0.70 0.48
1-Week 0.90 1.20 1.30 1.50 1.23
2-Week 1.40 1.60 1.80 2.00 1.70
1-Month 1.60 1.70 1.90 2.10 1.83
2-Month 2.10 2.20 2.40 2.50 2.30
3-Month 2.30 2.50 2.70 2.90 2.60
4-Month 2.40 2.60 2.80 3.00 2.70
5-Month 2.40 2.60 2.80 3.00 2.70
6-Month 2.50 2.70 2.90 3.10 2.80
9-Month 2.70 2.90 3.10 3.30 3.00
1-Year 2.90 3.10 3.30 3.50 3.20
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