Marginal decline was witnessed in the rupee value against dollar on the currency market on Monday in process of trading, experts said. The rupee fell in relation to dollar by four paisa for buying at 85.94 and domestic currency shed three paisa for selling at 85.98, they said.
The Financial Times reported some EU leaders were considering allowing a selective default by Athens to put its debt on a more sustainable footing. The euro last traded at $1.4213 compared with $1.4245 late in New York on Friday, having dipped to an early low around $1.4200. Traders noted buying interest near $1.4180, which should help keep intact the $1.4190-1.4210 support area for now.
Indian rupee was trading at Rs 44.33 versus dollar, Malaysian ringgit was available at 3.0035 in terms of the greenback and Chinese yuan trading at 6.4658 in relation to the US currency. Interbank buy/sell rates for taka against dollar on Monday: 74.45/74.47 (previous 74.30/74.39). Call Money Rates: 9.00-12.00 percent (previous 9.00-12.00 percent.
========================
Open Buying Rs.86.10
Open Selling Rs.86.20
========================
========================
Buying Rs.85.94
Selling Rs.85.98
========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.40 13.90 13.50 13.90 13.68
1-Week 12.90 13.40 13.40 13.50 13.30
2-Week 13.00 13.35 13.40 13.45 13.30
1-Month 13.00 13.35 13.35 13.40 13.28
2-Months 13.10 13.35 13.35 13.40 13.30
3-Months 13.15 13.35 13.35 13.45 13.33
4-Months 13.15 13.40 13.35 13.45 13.34
5-Months 13.20 13.40 13.40 13.50 13.38
6-Months 13.25 13.50 13.50 13.60 13.46
9-Months 13.30 13.60 13.60 13.70 13.55
1-Year 13.40 13.65 13.65 13.75 13.61
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.40 13.90 13.50 13.95 13.69
1-Week 13.00 13.45 13.40 13.50 13.34
2-Week 13.10 13.45 13.40 13.50 13.36
1-Month 13.15 13.40 13.35 13.45 13.34
2-Months 13.15 13.45 13.40 13.50 13.38
3-Months 13.20 13.50 13.45 13.60 13.44
4-Months 13.20 13.50 13.50 13.65 13.46
5-Months 13.25 13.55 13.50 13.65 13.49
6-Months 13.30 13.60 13.50 13.65 13.51
9-Months 13.50 13.70 13.60 13.75 13.64
1-Year 13.50 13.75 13.60 13.90 13.69
=================================================================
According to moneychangers, dollar opened at Rs 85.90 (buying) and Rs 86.10(selling) against overnight Rs 86.00 and Rs 86.15, respectively, and closed at Rs 86.00 and Rs 86.15 on buying and selling counters, respectively. However, some dealers quoted buying rate at Rs 85.95.
The pound was purchased and sold at Rs 137.90 and Rs 138.30 on buying and selling sides, respectively, as against Rs 138.00 and Rs 138.70 of Saturday, dealers said.
The dollar opened at Rs 86.00 (buying) and Rs 86.25 (selling) against same overnight values. It did not observe further change in the second session and closed at Rs 86.00 (buying) and Rs 86.25 (selling).
Pound sterling opened at Rs 138.40 (buying) and Rs 138.45 (selling) against same overnight values. It did not observe further change in the evening session and closed at Rs 138.40 (buying) and Rs 138.45 (selling).