A divergent trend was witnessed on the currency market on Monday, dealers said. The rupee managed to gain 19 paisa in terms of the dollar for buying and selling at Rs 103.06 and Rs 103.08, they said.
In the first Asian trade, the euro held firm after the European Central Bank's (ECB) stress tests found smaller capital shortfalls among European banks than expected, lending a tailwind to the recovery in risk sentiment over the past week.
Twenty-five out of the euro zone's 130 top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the ECB said on Sunday. The dollar was at Rs 61.28 versus the Indian rupee, the greenback was at 3.2750 in terms of the Malaysian ringgit and the US currency was available at 6.115 in relation to the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Monday. 77.40-77.42 (previous 77.40-77.40). Call Money Rates: 06.75-08.75 percent (Previous 07.00-08.75 percent). (revised).
Pound Sterling opened at Rs 164 (buying) and Rs 164.10 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 164 (buying) and Rs 164.10 (selling).

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Open Bid       Rs.103.00
Open Offer     Rs.103.20
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Bid Rate       Rs.103.06
Offer Rate     Rs.103.08
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