The rupee gave up its overnight weakness against the dollar on Wednesday in the process of trading, dealers said. The rupee gained seven-paisa against the dollar for buying and selling at Rs 105.46 and 105.48 respectively, they said.
The dollar was trading against the Indian rupee at Rs 66.31, the US currency was at 4.3620 in terms of the Malaysian ringgit and the greenback was available at 6.3623 versus the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Wednesday: 78.40-78.41 (previous 78.28-78.34).
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Open Bid Rs 106.10
Open Offer Rs.106.30
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Bid Rate Rs.105.46
Offer Rate Rs.105.48
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Currency dealers said that the dollar trading resumed at Rs 106.65 and 106.90 on the buying and selling counters as against Rs 106.75 and Rs 107 of Tuesday. During Wednesday's trading, the rupee improved and ended at Rs 106.20 and Rs 106.50 as its buying and selling rates, respectively.
The British pound was traded at Rs 160.50 and Rs 161 on the buying and selling counters, respectively, as compared with the overnight closing rates of Rs 160.30 and Rs 161, the dealers added.