THE RUPEE: firm trend

13 Dec, 2015

The rupee almost held the overnight levels against the dollar on the money market on Saturday, dealers said. The rupee did not move any side against the dollar for buying at Rs 106.00 while it gained five-paisa for selling at Rs 106.25, however it lost 30-paisa in terms of the euro for buying at Rs 116.30 and selling and Rs 117.30 respectively, they added.


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Open Bid Rs 106.00
Open Offer Rs 106.25
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The dollar's demand remained intact helping its worth against the rupee. The former did gain and ended further higher at Rs 106.50 and Rs 107.00 on the buying and selling sides against Rs 106.00 and Rs 106.70 of Friday.
The rupee stayed weak and too lost its worth against the pound sterling as its buying and selling rates improved from the overnight closing of Rs 159.50 and Rs 160.50 to Rs 160.80 and Rs 161.50.
The dollar opened at Rs 106 (buying) and Rs 106.20 (selling) against same last rate. 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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