The rupee lost 10 paisa versus dollar for buying and also fell in terms of euro on the currency market on Saturday in process of trading, dealers said. The rupee shed 10 paisa against dollar for buying at 86.40 while it did not show any change for selling at 86.70, they said.
Italy is slated to auction three billion euros of five-year government bonds on Monday. It will be closely watched by investors after Rome managed to sell five billion euros of one-year debt this week that helped Italian yields stabilise below the critical seven percent. Trading could continue to be volatile and headline-driven, and the outlook for the euro remains bleak as the euro zone has yet to find a solution to prevent the debt crisis from engulfing its larger economies such as Italy and Spain.

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Open Buying     Rs 86.40
Open Selling    Rs.86.70
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