The rupee fell modestly against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee shed modestly in terms of the dollar for buying and selling at Rs 103.00 and Rs 103.20, respectively. The local currency slipped by 10 paisa in relation to the euro for buying and selling at Rs 114.10 and Rs 115.10, they said.

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Open Bid       Rs 103.00
Open Offer     Rs 103.20
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The dollar resumed trading at its previous closing of Rs 103.20 and Rs 103.55 as its buying and selling rate, respectively, showing a slight increase its demand and its rate moving up to Rs. 103.25 and Rs. 103.60 on buying and selling side, respectively.
The rupee maintained a downward trend and depreciated against the British pound which was traded at Rs. 160.00 and Rs. 160.70 on buying and selling counter compared with the last Thursday closing of Rs. 159.85 and Rs. 160.40, respectively.
The dollar opened at Rs 102 (buying) and Rs 102.20 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 102 (buying) and Rs 102.20 (selling).
Pound Sterling opened at Rs 157 (buying) and Rs 157.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 157 (buying) and Rs 157.50 (selling).