The rupee breached the barrier of 92 versus dollar in the open market on Thursday in process of strong demand for the US currency, experts said. The rupee posted fresh gains of six paisa in terms of dollar for buying at 90.84 and picked up five paisa for selling at 90,87, they said.
The common currency fetched $1.2738, up 0.2 percent on the day, though it was still within shouting distance of the four-month low at 1.2681 plumbed the day before. The euro has already shed 3.7 percent in May, coming close to its 2012 trough in mid-January of 1.2624.
Indian rupee hit a record low against the dollar for a second session in a row as global risk assets remained largely under pressure, leading the central bank to intervene again, according to traders. The Indian rupee slumped to a new life low of 54.60 to dollar, surpassing the previous session low of 54.52. The RBI stepped in to prevent a wider rout, multiple dealers said.
The cross settled at 54.48/49, in range with Wednesday's close of 54.49/50, as per State Bank of India data. Dealers said liquidity was thin in the forex market with bid-ask quotes often wide. Interbank buy/sell rates for taka against the dollar on Thursday. 81.80-81.85 (previous 81.76-81.83) Call Money Rates: 9.00-15.00 percent (previous 9.00-15.00 percent). The yuan ended a touch lower on Thursday, tracking the dollar's global movements, while traders said data issued by the Bank for International Settlements (BIS) showed that China intended to keep its currency largely stable. Spot yuan closed at 6.3252 per dollar, down slightly from 6.3222 at Wednesday's close.

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Open Buying     Rs 91.90
Open Selling    Rs 92.10
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Buying          Rs 90.84
Selling         Rs 90.87
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