The rupee drifted lower against dollar on the interbank market, it however, gained on the open market on Monday as importers were busy in forward deals, dealers said. The rupee extended its week-end fall versus dollar, losing 12 paisa for buying and selling at 85.52 and 85.56, they said.
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Open Buying Rs 85.40
Open Selling Rs.85.55
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Buying Rs.85.52
Selling Rs.85.56
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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 11.40 12.00 11.50 12.25 11.79
1-Week 11.60 12.40 12.40 12.60 12.25
2-Week 11.70 12.70 12.65 12.75 12.45
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 11.40 12.00 11.50 12.25 11.79
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 moneychangers, the dollar commenced trading at Rs 86.40 and Rs 86.70 as its buying and selling rates but because of lack of buying support it could not sustain and closed at Rs 85.45 and Rs 85.65 on buying and selling counters respectively.
The rupee also showed strength against pound sterling and gained 30 paisa on buying counter while remained unchanged on selling counter. The pound was purchased and sold at Rs 137.50 and Rs 138.50 as compared to last Saturdays closing of Rs 137.80 and Rs 138.50, respectively, dealers said.
The dollar opened at Rs 85.95 (buying) and Rs 86.20 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 85.95 (buying) and Rs 86.20 (selling).
Pound Sterling opened at Rs 136.35 (buying) and Rs 136.75 (selling) against same previous rate. It did not witness any change in the evening session and closed at Rs 136.35 (buying) and Rs 136.75 (selling).