THE RUPEE: rates firm

17 May, 2015

The rupee maintained overnight levels against the dollar on the currency market on Saturday in the process of trading, dealers said. The rupee did not move any side in terms of the dollar for buying and selling at Rs 102.60 and Rs 102.80 respectively, while it lost Rs 1.05 versus the euro for buying and selling at Rs 117.30 and Rs 117.55 respectively, they added.


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Open Bid Rs 102.60
Open Offer Rs 102.80
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The dollar opened healthily and gained following fresh buying, ended higher at Rs 102.75 and Rs 103.00 since its buying and selling rate against Rs 102.65 and Rs 102.90 of Friday.
The rupee remained under pressure and declined against the pound sterling which was traded at Rs 160.75 and Rs 161.00 on buying and selling counter compared with the day earlier closing of Rs 160.40 and Rs 160.65.
The dollar opened at Rs 101.75 (buying) and Rs 101.85 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 101.75 (buying) and Rs 101.85 (selling).
Pound Sterling opened at Rs 155 (buying) and Rs 155.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 155 (buying) and Rs 155.50 (selling).

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