Steady trend was again witnessed on the currency market on Monday as the rupee maintained its week-end level against the greenback, dealers said. The rupee gained seven paisa against dollar for buying at 89.93 and rose by six paisa for selling at 89.96, they said.
Reuters adds: Financial markets in Australia, China, Hong Kong, Japan, Malaysia, New Zealand, Singapore and Thailand were closed on Monday for a public holiday The Indian rupee fell in its first session of 2012 on demand from oil importers, though losses were limited by a turnaround in domestic stocks and dollar-selling by foreign banks.
Volumes were light in the dollar-rupee market as many investors chose to stay away in the absence of trading in major overseas markets, which were closed for the new year holiday. The rupee settled at 53.30/31 to the dollar, 0.4 percent down from Friday's close of 53.08/09, after dipping to 53.34 in early trade.

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Open Buying     Rs 89.90
Open Selling    Rs 90.10
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