An easier trend was witnessed on the money market on Monday as the rupee drifted lower versus the dollar and euro as well, dealers said. The rupee moved down slightly in relation to the dollar, losing five paisa for buying and selling at Rs 100.65 and Rs 100.85, they said. The rupee also extended its fall versus the euro, falling 25 paisa for buying at Rs 131.00 and Rs 131.25 respectively, they said.
The Australian dollar touched near three-year lows versus the US dollar, though it managed to stage a modest comeback in the wake of a less dire-than-expected reading on China's manufacturing sector. The dollar was trading against the Indian rupee at Rs 59.01, the greenback was at 3.1590 versus the Malaysian ringgit and the US currency was available at 6.132 in terms of the Chinese yuan.

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Open Bid       Rs 100.65
Open Offer     Rs 100.85
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