The rupee moved was lower against dollar in interbank trade and euro on the currency market on Saturday in process of trading, dealers said. The rupee shed eight paisa in relation to dollar for buying at 85.40 and lost 11 paisa for selling 85.45, they said.
While, the rupee failed to retain its overnight firmness versus euro for buying and selling at Rs 120.54 and Rs 121.04, they said.
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Open Buying Rs 85.40
Open Selling Rs 85.45
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Buying Rs 85.15
Selling Rs 85.35
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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 13.25 13.90 13.60 13.90 13.66
1-Week 11.50 13.50 13.40 13.60 13.00
2-Week 11.60 13.20 13.25 13.40 12.86
1-Month 11.90 13.20 13.25 13.30 12.91
2-Months 12.40 13.25 13.25 13.35 13.06
3-Months 12.90 13.25 13.30 13.40 13.21
4-Months 13.00 13.30 13.30 13.45 13.26
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 13.50 13.90 13.75 13.95 13.78
1-Week 12.30 13.60 13.40 13.70 13.25
2-Week 12.40 13.50 13.35 13.60 13.21
1-Month 12.70 13.40 13.35 13.50 13.24
2-Months 13.00 13.45 13.35 13.50 13.33
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, because of the weekend, the dollar slightly remained under pressure and ended lower at Rs 85.15 and Rs 85.35 on buying and selling sides against the overnight closing of Rs 85.20 and Rs 85.40, respectively.
The rupee showed stability and remained unchanged against the British pound. The pound's buying and selling rates remained intact at its Friday closing of Rs 136.50 and Rs 137.30, respectively. However, there was difference of 20-paisa in buying rate at different money exchanges, as a few dealers quoted it as Rs 136.70.
The dollar resumed trading at Rs 85.30 (buying) and Rs 85.40 (selling) against the same last rate. It did not observe further change in the evening session and closed at Rs 85.30 (buying) and Rs 85.40 (selling).
Pound Sterling opened at Rs 136.40 (buying) and Rs 137.50 (selling) against the same previous rate. It did not witness any change in the evening session and closed at Rs 136.40 (buying) and Rs 137.50 (selling).