The rupee maintained its overnight levels against the dollar on the currency market on Saturday, dealers said. The rupee held the last levels against the dollar for buying and selling at Rs 108.80 and Rs 109.00 respectively, while it also lost 50 paisa versus the euro for buying and selling at Rs 146.00 and Rs 146.25 respectively, they said.
Comments from Federal Reserve officials saying a reduction in stimulus would be discussed at next month's monetary policy meeting failed to boost the dollar. Analysts said the market has already priced in talk of Fed tapering asset purchases in December, limiting its impact on the greenback.

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Open Bid       Rs 108.80
Open Offer     Rs 109.00
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According to the currency dealers, the dollar was opened on a positive note because of fresh buying activity. The dollar was closed higher at Rs 108.85 and Rs 109.10 as its buying and selling rates against Rs 108.75 and Rs 109.00 of Friday, respectively.
Likewise, the national currency remained under pressure and was further declined against the British pound. The pound was traded at Rs 174.75 and Rs 175.40, compared with day earlier closing of Rs 174.40 and Rs 174.65, respectively, the dealers said.
The dollar opened at Rs 108.40 for buying and Rs 108.50 for selling against same last rate. It did not observe further change in the second session and closed at Rs 108.40 for buying and Rs 108.50 for selling.
Pound Sterling opened at Rs 172 for buying and Rs 172.50 for selling against same last rate. It closed at the same rate without further change by the end of evening session.