Marginal fall was witnessed on the local currency market on Monday as the rupee drifted lower versus the dollar in the process of trading, dealers said. The rupee shed two-paisa in terms of the dollar for buying and selling at Rs 101.72 and Rs 101.74 respectively, they said.
In the first Asian trade, the euro sank to a fresh 12-year low after a recent bounce was met with fresh selling interest in a sign that investors were still very bearish on the common currency. The euro fell as far as $1.0457 early in Asia, its lowest since January 2003, after a brief bounce above $1.0600 overnight. It last traded at $1.0524.
The dollar was trading against the Indian rupee at Rs 62.91, the greenback was at 3.7070 in terms of the ringgit and the US currency was available at 6.2620 versus the Chinese yaun. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 07.00-8.00 percent (Previous 07.00-08.00 percent).

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Open Bid       Rs 102.20
Open Offer     Rs.102.40
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Bid Rate       Rs.101.72
Offer Rate     Rs.101.74
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