Persistent firmness seen on the open market as the rupee-dollar parity rate was unchanged in the process of trading, dealers said on Saturday, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 99.00 and Rs 99.25, they said. While, the rupee shed 25 paisa in relation to the euro for buying and selling at Rs 130.25 and Rs 130.50, they added.
The euro sank to a 2-1/2-month low before quickly rebounding while increased speculation the new leadership of the Bank of Japan will move quickly to loosen monetary policy sent the yen reeling. Sterling collapsed to a fresh 2-1/2-year nadir on disappointing economic data, briefly dropping below the $1.50 level.

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Open Bid        Rs 99.00
Open Offer      Rs 99.25
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