The rupee touched the low level at 102.00 mark against the dollar on the inter-bank market on Friday, dealers said. The rupee lost 10-paisa in relation to the dollar for buying and selling at Rs 102.02 and Rs 102.04 respectively, they said.
In the final Asian trade, the euro rose amid signs of a retreat from risky assets and scaled a 17-month peak against the Australian dollar. The single currency rose to its highest level since March 2014 versus the Australian dollar at 1.5464.
Against the greenback, the euro rose 0.4 percent to $1.1286. The euro had risen as high as $1.1290 as of 0321 GMT, its highest level in about two months. The euro is likely to stay firm if global equities weaken further, said Jesper Bargmann, head of trading for Nordea Bank in Singapore. The dollar was trading against the Indian rupee at Rs 65.83, the greenback was at 4.1820 versus the Malaysian ringgit and the US currency was at 6.395 in terms of the Chinese yuan.
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Open Bid Rs.103.50
Open Offer Rs.103.70
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Bid Rate Rs.102.02
Offer Rate Rs.102.04
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The currency dealers said that the dollar resumed trading on a healthy note and registered gain following fresh buying. The dollar ended higher at Rs 103.90 and Rs 104.30 on buying and selling side against Rs 103.80 and Rs 104.20 of Thursday, respectively.
Likewise, the rupee remained under pressure and further declining against the pound sterling. The pound's buying and selling rates improved from the overnight closing of Rs 161.10 and Rs 161.60 to Rs 162.00 and Rs 162.50, respectively, the dealers said.