Divergent trend was seen on the currency market on Monday as the rupee traded on both sides versus dollar, dealers said. The rupee inched up versus dollar, gaining one paisa for buying and selling at 85.64 and 85.69, they said.
Indian rupee was trading at Rs 45.32 versus dollar, Malaysian ringgit was available at 3.0530 in relation to the greenback and Chinese yuan was at 6.5770 in terms of the US currency.
Interbank buy/sell rates for taka against dollar on Monday: 71.30/71.32 (previous 71.30/71.30). Call Money Rates: 11.00-12.00 percent (previous 10.50-12.00 percent).
========================
Open Buying Rs 85.60
Open Selling Rs.85.80
========================
========================
Buying Rs.85.64
Selling Rs.85.69
========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 13.25 12.50 13.50 12.88
1-Week 11.70 12.80 12.75 12.85 12.53
2-Week 11.80 12.80 12.75 12.90 12.56
1-Month 12.05 12.90 12.90 13.00 12.71
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
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 13.25 12.50 13.50 12.88
1-Week 12.00 12.90 12.85 13.00 12.69
2-Week 12.40 13.10 13.00 13.20 12.93
1-Month 12.60 13.20 13.00 13.30 13.03
2-Months 12.90 13.40 13.30 13.50 13.28
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
=================================================================
According to the moneychangers, the dollar showed strength and improved its worth on account of fresh buying support in the local currency market. The dollar was traded at Rs 85.40 and Rs 85.70 as its buying and selling rates as compared to last Saturdays closing rates of Rs 85.40 and Rs 85.60, respectively, they said.
Likewise, the rupee remained under pressure against the pound sterling and lost 50-paisa on both the counters. The pound was purchased and sold at Rs 137.50 and Rs 138.50 as compared to Saturdays closing rates of Rs 137.00 and Rs 138.00, respectively, they added.
The dollar opened at Rs 85.90 (buying) and Rs 86.20 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 85.90 (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).