Divergent trend was witnessed on the currency market on Monday as the rupee performed on both sides during the session, dealers said. The rupee gained two paisa in relation to dollar for buying at 85.38 and picked up three paisa for selling at 85.42, they said.
Indian rupee was trading at Rs 44.59 versus dollar, Malaysian ringgit was available at 3.0245 in terms of the US currency and Chinese yuan was at 6.547in relation to the greenback.
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Open Buying Rs.85.20
Open Selling Rs.85.40
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Buying Rs.85.38
Selling Rs.85.42
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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 13.50 13.90 13.64
1-Week 11.50 13.40 13.40 13.50 12.95
2-Week 11.60 13.30 13.30 13.40 12.90
1-Month 11.90 13.25 13.25 13.30 12.93
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 13.25 13.90 13.60 13.95 13.68
1-Week 12.30 13.50 13.50 13.60 13.23
2-Week 12.40 13.40 13.35 13.50 13.16
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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However, the rupee remained under pressure against pound sterling, which was purchased and sold at Rs 137.00 and Rs 137.70 as compared to previous Rs 136.50 and Rs 137.30, respectively, dealers said.
The dollar resumed trading at Rs 85.30 (buying) and Rs 85.40 (selling) against 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 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).