Steadier trend was seen on the currency market on Tuesday as the rupee maintained its overnight levels against the dollar due to comfortable supply position, market-men said. The rupee managed to hold its overnight level at 94.55 while it gained one-paisa for selling at 94.57, they said.
In the second Asian trade, the euro fell to a one-week low against the dollar after a short-lived respite in early Asia trade as worries about Spain's debt persisted and weak German business data fanned fears of slowing growth.
The dollar was trading against the Indian rupee at Rs 53.52, the greenback was at 3.0715 in terms of the Malaysian ringgit and the US currency was available at 6.3039 versus the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Tuesday: 81.59-81.69 (previous 81.59-81.63). Call Money Rates: 07.50-09.00 percent (previous 03.00-10.50 percent).
========================
Open Buying Rs 94.70
Open Selling Rs.94.90
========================
========================
Bid Rate Rs.94.55
Offer Rate Rs.94.57
========================
According to the currency dealers, because of lacking buying interest, the dollar could not sustain and remained under pressure. At the end of trading, the dollar was closed lower at Rs 94.60 and Rs 94.80 as its buying and selling rates, against the Monday closing of Rs 94.70 and Rs 94.90, respectively.
The rupee remained unchanged on buying side while it was appreciated on selling side in relation to the pound sterling. The pound was traded at Rs 152.50 and Rs 153.30 on buying and selling counters as compared to overnight closing of Rs 152.50 and Rs 153.50, respectively, the dealers said.