The rupee did not move any side against the dollar on the money market on Saturday, dealers said. The rupee retained the overnight level versus the dollar for buying and selling at Rs 106.10 and Rs 106.30 respectively, while it dropped 20-paisa in terms of the euro for buying and selling at Rs 116.00 and Rs 117.00 respectively, they added.
The downbeat economic numbers along with the meltdown in oil and stocks could further slow the pace of the Federal Reserve's already gradual tightening policy, a negative scenario for the dollar. The dollar index, which measures the greenback against a basket of six other major currencies, was down 0.2 percent at 98.933.
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Open Bid Rs 106.10
Open Offer Rs 106.30
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The dollar kept rising following fresh demand and ended higher at Rs 106.20 and Rs 106.45 as its buying and selling against the Friday closing of Rs 106.10 and Rs 106.30.
The rupee made a marginal recovery against the pound sterling that was traded at Rs 153.50 and Rs 154.00 as compared with the previous closing of Rs 153.75 and Rs 154.70.
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).