THE RUPEE: steadier trend

27 Mar, 2016

The rupee managed to hold present levels against the dollar in the process of trade, dealers said. The rupee stayed put versus the dollar for buying and selling at Rs 105.40 and Rs 105.60, they said. The rupee recovered 15 paisas in relation to the euro for buying and selling at Rs 117.25 and Rs 118.25, they added.


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Open Bid Rs 105.40
Open Offer Rs 105.60
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According to currency dealers, the dollar resumed trading at its earlier day closing of Rs 105.40 and Rs 105.90 as its buying and selling rates, respectively. The dollar could not sustain and lost its worth to Rs 105.30 on buying counters while its selling rate stayed unchanged at Rs 105.90. It did not observe any change throughout the trading session, the dealers said.
However, the local currency went up on buying and selling sides against the pound sterling that was purchased and sold at Rs 147.80 and Rs 149.10 as compared to previous closing of Rs 148.20 and Rs 149.20, the dealers added.
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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