THE RUPEE: firm trend persists

15 Nov, 2015

Steadier trend as again witnessed on the local money market on Saturday as the rupee moved positively against the dollar on Saturday, dealers said. The rupee gained five paisa in terms of the dollar for buying at Rs 105.90 but it did not move any side for selling at Rs 106.20, they said.


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Open Bid Rs 105.90
Open Offer Rs 106.20
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At the closing-hours the dollar slid down at Rs 106.00 and Rs 106.50 on the buying and selling side against Rs 106.30 and Rs 106.60 of Friday.
The pound sterling was traded at Rs 161.40 and Rs 161.75 the on buying and selling counter, as compared with the day earlier closing of Rs 161.00 and Rs 161.50.
The dollar opened at Rs 106 (buying) and Rs 106.20 (selling) against overnight value of Rs 105 (buying) and Rs 105.20 (selling). It did not observe further change in the second session and closed at Rs 106 (buying) and Rs 106.20 (selling).
Pound Sterling opened at Rs 158 (buying) and Rs 158.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 158 (buying) and Rs 158.50 (selling).

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