The rupee showed minor changes against the dollar on the money market on Friday in the process of trading, dealers said. The rupee was almost unchanged against the dollar for buying and selling at Rs 104.93 and Rs 104.95, experts said.
In the final Asian trade, the yen reversed course and sagged against the dollar while the Australian dollar rebounded after the People's Bank of China (PBOC) set a higher yuan guidance rate for the first time in nine days.
The dollar was up 0.5 percent at 118.305 yen, pulling away from a 4-1/2-month low of 117.33 struck overnight as the region's equity markets bounced after a brutal week.
The greenback was still poised to lose 1.7 percent this week, which saw risk appetite battered globally and benefit the safe-haven yen after China guided the yuan sharply lower, stoking worries about the health of the world's second-largest economy. The dollar was trading against the Indian rupee at Rs 66.66, the greenback was at 4.3780 in terms of the Malaysian ringgit and the US currency was at 6.5884 versus the Chinese yuan.
========================
Open Bid Rs.105.90
Open Offer Rs.106.10
========================
========================
Bid Rate Rs.104.93
Offer Rate Rs.104.95
========================