The rupee fell versus dollar on interbank market on Saturday while it was firm on open market, experts said. The rupee lost 18 paisa against dollar for buying and selling at 85.80 and 85.85 due to strong demand for the US currency, they said.
US markets will be closed on Monday for Memorial Day.
The euro pushed above $1.43 for the first time in a week after Greek central bank chief George Provopoulos said the country will repay its debts in full without restructuring if it sticks to a fiscal austerity plan. French President Nicolas Sarkozy also lent support when he said France opposed a Greek debt restructuring and would defend euro. It last traded at $1.4272, up 1 percent.
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Open Buying Rs.85.80
Open Selling Rs.86.00
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Buying Rs.85.80
Selling Rs.85.85
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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 13.00 13.75 13.25 13.75 13.44
1-Week 12.50 13.40 13.35 13.45 13.18
2-Week 12.75 13.25 13.30 13.35 13.16
1-Month 12.80 13.25 13.25 13.30 13.15
2-Months 12.80 13.20 13.20 13.30 13.13
3-Months 13.00 13.25 13.25 13.35 13.21
4-Months 13.00 13.25 13.30 13.35 13.23
5-Months 13.10 13.35 13.35 13.40 13.30
6-Months 13.25 13.45 13.40 13.50 13.40
9-Months 13.30 13.60 13.60 13.70 13.55
1-Year 13.40 13.65 13.65 13.75 13.61
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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 13.00 13.75 13.25 13.75 13.44
1-Week 12.60 13.45 13.40 13.50 13.24
2-Week 12.80 13.35 13.30 13.40 13.21
1-Month 12.90 13.35 13.30 13.40 13.24
2-Months 13.00 13.40 13.35 13.45 13.30
3-Months 13.10 13.45 13.30 13.50 13.34
4-Months 13.10 13.45 13.40 13.50 13.36
5-Months 13.25 13.50 13.40 13.60 13.44
6-Months 13.30 13.60 13.45 13.65 13.50
9-Months 13.50 13.70 13.60 13.75 13.64
1-Year 13.50 13.75 13.60 13.90 13.69
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According to dealers, the dollar was traded at its overnight closing level of Rs 86.00 and Rs 86.20 as its buying and selling rates, respectively.
Similarly, the rupee showed stability and stayed unchanged against British pound. The pound was purchased and sold at Friday's closing of Rs 141.00 and Rs 142.00, respectively, dealers said.
The dollar resumed trading at Rs 84.60 (buying) and Rs 85.20 (selling) against same last rates. It did not observe further change in the evening session and closed at Rs 84.60 (buying) and Rs 85.20 (selling).
Pound sterling opened at Rs 136.50 (buying) and Rs 137.60 (selling) against same previous rate. It did not witness any change in the evening session and closed at Rs 136.50 (buying) and Rs 137.60 (selling).