THE RUPEE: dollar stays put

19 Feb, 2012

The rupee retained overnight levels against dollar on the open market on Saturday in process of trading, dealers said. The rupee managed to retain its levels in relation to dollar for buying and selling at 90.80 and 91.00, they said.


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Open Buying Rs 90.80
Open Selling Rs 91.00
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According to the currency dealers, the dollar after improving by 15-paisa on buying side and 5-paisa and was ended at Rs 91.05 and Rs 91.30 against the overnight closing of Rs.90.90 and Rs.91.25 on buying and selling sides, respectively.
Similarly, the rupee maintained downward slide and is declined against the pound sterling. The pound's buying and selling rates are further improved by Rs.143.30 and Rs.144.00 as compared to Friday closing of Rs.143.10 and Rs.143.70, respectively, the dealers added.
The dollar opened at Rs 91 (buying) and Rs 91.20 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 91 (buying) and Rs 91.20 (selling).
Pound Sterling opened at Rs 142 (buying) and Rs 142.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 142 (buying) and Rs 142.50 (selling).

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