The rupee traded on both side against dollar on currency market on Thursday, dealers said. The rupee managed to recover seven paisa in relation to dollar for buying and selling at 84.53 and 84.58, they said. In the fourth Asian trade euro hovered near a 17-month high against a struggling dollar as investors looked for the European Central Bank to reinforce expectations of higher rates after its policy meeting later in the day.
Indian rupee was trading at Rs 44.46 versus dollar, Malaysian ringgit was available at 2.9850 in relation to the greenback and Chinese yuan was at 6.4960 in terms of the greenback.
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Open Buying Rs 84.45
Open Selling Rs 84.60
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Buying Rs 84.53
Selling Rs.84.58
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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 11.25 12.75 11.40 13.00 12.10
1-Week 11.50 12.15 12.10 12.20 11.99
2-Week 11.60 12.30 12.30 12.40 12.15
1-Month 11.75 12.65 12.65 12.70 12.44
2-Months 12.40 12.90 12.85 13.00 12.79
3-Months 12.75 12.90 12.95 13.05 12.91
4-Months 12.85 13.00 13.00 13.20 13.01
5-Months 13.00 13.35 13.25 13.40 13.25
6-Months 13.20 13.35 13.30 13.40 13.31
9-Months 13.25 13.50 13.50 13.60 13.46
1-Year 13.40 13.60 13.50 13.65 13.54
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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 11.25 12.75 11.50 13.00 12.13
1-Week 11.90 12.15 12.20 12.25 12.13
2-Week 12.20 12.40 12.40 12.55 12.39
1-Month 12.50 12.85 12.80 12.90 12.76
2-Months 12.90 13.10 13.10 13.25 13.09
3-Months 13.10 13.30 13.30 13.40 13.28
4-Months 13.25 13.40 13.30 13.50 13.36
5-Months 13.30 13.50 13.40 13.60 13.45
6-Months 13.35 13.55 13.50 13.65 13.51
9-Months 13.50 13.65 13.60 13.70 13.61
1-Year 13.50 13.75 13.60 13.85 13.68
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The dollar resumed trading at Rs 84.45 (buying) and Rs 84.60 (selling) against Rs 84.40 and Rs 84.60 of Wednesday. In the wake of fresh buying activity, the dollar moved up and closed at Rs 84.50 (buying) and Rs 84.65 (selling). The currency dealers said the dollar is firm in the local kerb due to surge in its demand.
On the other hand, the British pound opened at Rs 139.00 and Rs 140.00 against the previous rates. It witnessed fractional change and was purchased and sold at Rs 139.10 and Rs 139.75, respectively.
The dollar resumed trading at Rs 84.50 (buying) and Rs 85.00 (selling) against the last rate. It did not observe further change in the evening session and closed at Rs 84.50 (buying) and Rs 85.00 (selling).
Pound Sterling opened at Rs 136.50 (buying) and Rs 137.50 (selling) against the previous rate. It did not witness any change in the evening session and closed at Rs 136.50 (buying) and Rs 137.50 (selling).