Steadier trend persisted on the currency market on Tuesday as the rupee retained its levels in the process of trading on the first day of the new year, dealers said. The rupee managed to hold its level versus the dollar for buying and selling at 97.60 and 97.80, respectively, they said. The rupee lost 30 paisa versus the euro for buying at Rs 128.30 and Rs 129.30, they added.
The Senate moved the US economy back from the edge of a "fiscal cliff", voting to avoid imminent tax hikes and spending cuts in a bipartisan deal that could still face stiff challenges in the House of Representatives. Interbank buy/sell rates for the taka against the dollar on Tuesday. 79.75-79.75 (79.75-79.85). Call Money Rates: 11.00-11.00 percent (previous 7.25-12.00 percent).
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Open Buying Rs 97.60
Open Selling Rs.97.80
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According to the currency dealers, the dollar resumed trading at its day earlier closing of Rs 97.50 and Rs 97.90 as its buying and selling rates, respectively.
The dollar witnessed no change in its value during the day's trading. However, at the end of trading, the dollar was closed at Rs 97.50 and Rs 97.85 on buying and selling counters respectively, the dealers said.
However, the national currency was declined on buying side while it remained unchanged on selling side against the British pound. The pound was purchased and sold at Rs 157 and Rs 157.5 compared with overnight closing of Rs 156.5 and Rs 157.5 respectively, the dealers said.
The dollar resumed trading at Rs 98.50 (buying) and Rs 98.60 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 98.50 (buying) and Rs 98.60 (selling).
Pound sterling opened at Rs 158.50 (buying) and Rs 158.60 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 158.50 (buying) and Rs 158.60 (selling).