The rupee, however, managed to shed some losses in relation to dollar on expectations of high inflows in the near future, dealers said on Monday on the currency market. The rupee moved up with a gain of five paisa in relation to the greenback for buying and selling at 85.15 and 85.20
But traders were not sure if the worst was yet over for commodities and said that euro looks vulnerable after the European Central Bank last week quelled expectations of a rate hike next month. The yuan closed little changed against dollar on Monday as a sharp rebound in US dollar index raised investor concerns over how much the People's Bank of China may allow yuan to appreciate in the future.
Before trading began, the PBOC fixed the yuan's daily mid-point versus dollar at a record high but traders said the fixing was not a show of determination to let yuan rise regardless of global market conditions.
Interbank buy/sell rates for taka against dollar on Monday: 73.16/73.17 (previous 73.10/73.17) Call Money Rates: 5.00-7.00 percent (previous 4.75-7.25 percent).
========================
Open Buying Rs 85.05
Open Selling Rs.85.25
========================
========================
Buying Rs.85.15
Selling Rs.85.20
========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.10 11.75 11.25 12.00 11.53
1-Week 11.50 12.15 12.15 12.25 12.01
2-Week 11.60 12.30 12.30 12.40 12.15
1-Month 11.75 12.70 12.65 12.75 12.46
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
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.10 11.75 11.25 12.00 11.53
1-Week 11.90 12.20 12.20 12.30 12.15
2-Week 12.20 12.50 12.40 12.60 12.43
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
=================================================================
The dollar resumed trading at Rs 84.80 (buying) and Rs 85.00 (selling) against the same last rate. In the wake of fresh buying activity, the dollar moved up and closed at Rs 85.00 on buying side and Rs 85.20 on selling counter.
Likewise, the British pound also appreciated its worth against the local currency. The Pound Sterling was purchased and sold at Rs 139.20 and Rs 139.60 as against Rs 138.70 and Rs 139.50 on Saturday.
The dollar resumed trading at Rs 84.50 (buying) and Rs 85.00 (selling) against same 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 same previous rate. It did not witness any change in the evening session and closed at Rs 136.50 (buying) and Rs 137.50 (selling).