Mixed patterns were seen on the currency market on Saturday in process of trading, dealers said. The rupee continued to fall versus dollar, down four paisa for buying at 85.40 and shed two paisa for selling at 85.44, they said.
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Open Buying Rs 85.40
Open Selling Rs 85.44
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Buying Rs 85.60
Selling Rs 85.75
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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 11.05 12.00 11.10 12.25 11.60
1-Week 11.60 12.40 12.40 12.60 12.25
2-Week 11.70 12.65 12.65 12.75 12.44
1-Month 11.90 12.80 12.80 12.90 12.60
2-Months 12.50 13.15 13.15 13.25 13.01
3-Months 12.90 13.20 13.20 13.30 13.15
4-Months 13.00 13.30 13.25 13.35 13.23
5-Months 13.20 13.45 13.40 13.50 13.39
6-Months 13.35 13.50 13.45 13.55 13.46
9-Months 13.40 13.60 13.50 13.65 13.54
1-Year 13.45 13.60 13.55 13.65 13.56
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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 11.05 12.00 11.10 12.25 11.60
1-Week 12.00 12.60 12.50 12.70 12.45
2-Week 12.40 12.80 12.70 12.90 12.70
1-Month 12.60 13.00 12.90 13.10 12.90
2-Months 12.90 13.35 13.30 13.40 13.24
3-Months 13.10 13.60 13.40 13.70 13.45
4-Months 13.25 13.65 13.45 13.75 13.53
5-Months 13.40 13.70 13.50 13.75 13.59
6-Months 13.50 13.75 13.70 13.90 13.71
9-Months 13.60 13.80 13.75 13.95 13.78
1-Year 13.50 13.90 13.80 14.00 13.80
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According to the currency dealers, there was no change in the dollar's demand and supply that helped rupee stability. The dollar resumed trading at Thursday closing of Rs 85.60 and Rs 85.80, as its buying and selling rates, respectively. The dollar witnessed marginal fluctuation in its value during the day's trading but finally ended at the opening rates, the dealers said.
However, the rupee continued to remain under pressure and registered further loss against the pound sterling. The pound was ended at Rs 137.40 and Rs 138.30, as compared to previous closing of Rs 137.00 and Rs 138.00, respectively, the dealers said.
The dollar opened at Rs 85.90 (buying) and Rs 86.20 (selling) against the last rate. It did not observe further change in the evening session and closed at Rs 85.90 (buying) and Rs 86.20 (selling).
Pound Sterling opened at Rs 136.30 (buying) and Rs 136.70 (selling) against the previous rate. It did not witness any change in the evening session and closed at Rs 136.30 (buying) and Rs 136.70 (selling).