Payments requirements pushed dollar higher versus the rupee on the currency market on Tuesday, money expert Malik Bostan said.
He said that the currency market to observe range-bound trade as rupee to move in 84-85 versus dollar, even in the pre and post budget 2011-12 sessions. The rupee continued falling in relation to dollar, losing 13 paisa for buying and selling at 84.63 and 84.68, they said.
Trichet also told two Finnish newspapers he does not see any significant second-round inflation, prompting traders to dump euro long positions against dollar, although many traders think dollar will remain under pressure from a perception that the US central bank is far more reluctant to tighten its policy any time soon.
The yuan closed slightly weaker against dollar on Tuesday after trading below the People's Bank of China's mid-point as the market awaited the central bank's signal for another leg of yuan appreciation against dollar, traders said.
The yuan has hit a slew of record highs this year but the PBOC set weaker mid-points this week, indicating a gradualist approach to managing yuan appreciation, they said.
Interbank buy/sell rates for taka against dollar on Tuesday: 72.84/72.92 (previous 72.82/72.90). Call Money Rates: 5.50-10.00 percent (previous 5.50-10.50 percent).
Indian rupee was available at Rs 44.48 in relation to the greenback and Malaysian ringgit at 2.9920 versus the dollar.
The rupee also lost 56 paisa in relation to euro for buying and selling at Rs 123.12 and Rs 123.62, they said.

========================
Open Buying     Rs 84.40
Open Selling    Rs.84.60
========================

========================
Buying          Rs.84.63
Selling         Rs.84.68
========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor       Low Bid   High Bid   Low Offer   High Offer   Average
=================================================================
Overnight     11.05     11.50       11.10       11.75       11.35
1-Week        11.50     12.25       12.15       12.30       12.05
2-Week        11.60     12.40       12.45       12.50       12.24
1-Month       11.90     12.85       12.80       12.90       12.61
2-Months      12.40     13.10       13.00       13.15       12.91
3-Months      12.90     13.15       13.15       13.20       13.10
4-Months      13.00     13.25       13.30       13.35       13.23
5-Months      13.20     13.35       13.35       13.40       13.33
6-Months      13.35     13.50       13.45       13.55       13.46
9-Months      13.40     13.60       13.50       13.65       13.54
1-Year        13.45     13.60       13.55       13.65       13.56
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor       Low Bid   High Bid   Low Offer   High Offer   Average
=================================================================
Overnight     11.05     11.50       11.10       11.75       11.35
1-Week        12.00     12.30       12.20       12.35       12.21
2-Week        12.20     12.50       12.50       12.60       12.45
1-Month       12.70     12.90       12.90       13.10       12.90
2-Months      13.00     13.20       13.20       13.30       13.18
3-Months      13.10     13.30       13.30       13.40       13.28
4-Months      13.25     13.50       13.40       13.60       13.44
5-Months      13.40     13.60       13.45       13.65       13.53
6-Months      13.45     13.65       13.55       13.75       13.60
9-Months      13.50     13.70       13.60       13.75       13.64
1-Year        13.50     13.75       13.60       13.90       13.69
=================================================================