Strong demand for dollars, pushed the rupee down on the local currency market on Thursday in process of trading, dealers said.
In the fourth Asian trading Australian dollar dropped to a two-month low on Thursday after data showed China's manufacturing activity shrank in March for a fifth straight month, underscoring concerns about growth slowing in the world's second largest economy.
After HSBC flash PMI showed the overall rate of contraction deepening and new orders sinking to a four-month low, the Aussie fell 0.7 percent to $1.0383, though it later recovered somewhat above key support levels to last fetch $1.0414.
The dollar was trading versus the Indian rupee at Rs 50.94, dollar was at 3.0770 in terms of the Malaysian ringgit and the US currency was at 6.3086 against the Chinese yuan. Interbank buy/sell rates for taka against dollar on Thursday: 81.78. 81.80 (previous 81.78-81.80). Call Money Rates: 11.00-12.00 percent (previous 07.00-12.50 percent).
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Open Buying Rs 91.05
Open Selling Rs.91.15
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Buying Rs.90.78
Selling Rs.90.80
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However, the rupee showed stability and stayed unchanged on buying side while it gained 10-paisa against the British pound. The pound was purchased and sold at Rs 143.00 and Rs 143.70 as compared to last day closing of Rs 143.00 and Rs 143.80, respectively, the dealers added.
The dollar opened at Rs 91 (buying) and Rs 91.20 (selling) against same previous rate. It did not observe any 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 previous rate. It did not observe further change in the evening session and closed at Rs 142 (buying) and Rs 142.50 (selling).