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THE RUPEE: Dollar up

28 Mar, 2012

The dollar was higher in the interbank market on Tuesday in process of trading, dealers said. The rupee shed two paisa in relation to dollar for buying at 90.82 and lost four paisa for selling at 90.86, they said.
The dollar was trading versus the Indian rupee at Rs 50.93, in terms of the Malaysian ringgit, the US currency was at 3.0630 and the greenback was at 6.3116 against the Chinese yuan. Interbank buy/sell rates for taka against dollar on Tuesday: 81.75-81.82 (previous 81.77-81.80). Call Money Rates: 10.50-12.00 percent (previous 07.00-12.50 percent).


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Open Buying     Rs 90.82
Open Selling    Rs 90.86
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The rupee also showed stability on buying side while it declined on the selling side against the pound sterling. The pound traded at Rs 143.50 and Rs 144.50 as compared to Monday closing of Rs 143.50 and Rs 144.00, respectively, the dealers said.
The dollar opened at Rs 91 (buying) and Rs 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).

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