The rupee fluctuated slightly versus dollar and euro on the currency market on Friday in process of trading, dealers said. The rupee slipped by four paisa against dollar for buying and selling 87.45 at 87.50, they said.
The euro relinquished modest gains made after Germany approved an expansion of the euro-zone bailout fund, pressured by a wall of orders from Japanese exporters wrapping up deals for the end of their financial first half. It lost 0.8 percent to 103.66 yen, taking out some light stop losses below the late New York low of 103.90 yen, and shed 0.3 percent versus dollar to $1.3549, with some traders detecting macro funds among the sellers.
The yuan closed near its lowest daily trading limit versus the dollar from the central bank's mid-point on Friday after trading mostly at the limit during the session.
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Open Buying Rs 87.45
Open Selling Rs 87.50
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Buying Rs 88.20
Selling Rs 88.70
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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 13.40 13.40 13.40 13.40 13.40
1-Week 13.25 13.40 13.40 13.40 13.36
2-Week 13.15 13.30 13.35 13.40 13.30
1-Month 13.10 13.25 13.30 13.35 13.25
2-Months 13.00 13.20 13.25 13.30 13.19
3-Months 12.85 13.10 13.10 13.20 13.06
4-Months 12.85 13.05 13.10 13.20 13.05
5-Months 12.80 13.00 13.10 13.15 13.01
6-Months 12.80 13.00 13.10 13.15 13.01
9-Months 12.75 13.00 12.90 13.10 12.94
1-Year 12.75 13.00 12.90 13.10 12.94
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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 13.40 13.40 13.40 13.45 13.41
1-Week 13.25 13.40 13.40 13.45 13.38
2-Week 13.25 13.40 13.40 13.40 13.36
1-Month 13.15 13.30 13.30 13.35 13.28
2-Months 13.00 13.25 13.25 13.35 13.21
3-Months 12.90 13.25 13.25 13.30 13.18
4-Months 12.90 13.25 13.25 13.30 13.18
5-Months 12.90 13.30 13.25 13.35 13.20
6-Months 13.00 13.30 13.30 13.35 13.24
9-Months 13.00 13.30 13.30 13.35 13.24
1-Year 13.00 13.35 13.30 13.40 13.26
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According to dealers, dollar resumed trading at overnight Rs 88.70 and Rs 89.00 as buying and selling rates, and closed at Rs 88.60 and Rs 89.00 respectively.
The pound was purchased and sold at Rs 138.50 and Rs 139.50 as compared to Thursday closing of Rs 139.00 and Rs 140.00 respectively, dealers said.
The dollar opened at Rs 88.50 (buying) and Rs 88.60 (selling) against same last rates. It did not observe further change in the second session and closed at Rs 88.50 (buying) and Rs 88.60 (selling).
Pound sterling opened at Rs 137.80 (buying) and Rs 137.90 (selling) against same overnight values. It did not observe further change in the evening session and closed at Rs 137.80 (buying) and Rs 137.90 (selling).