Marginal changes were seen on the currency market on Thursday in process of trading, dealers said. The rupee shed one paisa in relation to the US currency for buying at 90.81, however, it inched up by two paisa for selling at 90.83, experts said.
The greenback took a breather from its recent rally against yen, having climbed 5.3 percent in February. Interbank buy/sell rates for taka against dollar on Thursday: 81.50-81.80 (previous 81.69-81.75) Call Money Rates: 12.00-20.00 percent (previous 09.50-20.00 percent). The yuan closed down slightly against dollar after the People's Bank of China let the mid-point return to the 6.30 level, guiding the yuan's movements within a tight range. Spot yuan closed at 6.2985 against dollar versus Wednesday's close of 6.2960 after the central bank fixed the mid-point slightly weaker at 6.3031 compared with 6.2988 previously. The yuan has risen 8.35 percent since its June 2010 de-peg.
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Open Buying Rs 90.90
Open Selling Rs 91.10
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Buying Rs 90.81
Selling Rs 90.83
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However, the rupee-pound sterling parity remained unchanged amid sluggish trading trend in the open market. The pound was traded at its day earlier closing of Rs 142.00 and Rs 143.00 on buying and selling counters, respectively, the dealers said.
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).