The rupee appreciated in terms of the dollar amid post-budget session on the money market on Saturday, dealer said. The rupee managed to gain 20 paisas against the dollar for buying and selling at Rs 105.10 and Rs 105.30 respectively, they said. The rupee lost Rs 1.70 against the euro for buying and selling at Rs 119.00 and Rs 120.00 respectively, they added.
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Open Bid Rs 105.10
Open Offer Rs 105.30
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According to the currency dealers, the dollar commenced trading on a negative note and remained under pressure due to lacking buyers' interest. At the close, the dollar ended lower at Rs 105.00 and Rs 105.55 on buying and selling sides, respectively, as against the Friday's closing of Rs 105.30 and 105.65.
Moreover, the local currency stayed strong and appreciated its worth on buying side while depreciated on selling side against the pound sterling. The British currency was bought and sold at Rs 151.30 and Rs 152.95 on buying and selling counters as compared with the overnight closing rates of Rs 151.40 and Rs 152.10, the dealers added.
The dollar resumed trading at Rs 105.50 (buying) and Rs 106 (selling) against last rate of 105.60 (buying) and Rs 106.10 (selling). It did not observe further change in the last trading hours and closed at Rs 105.50 (buying) and Rs 106 (selling).
Pound Sterling opened at Rs 151.60 (buying) and Rs 152 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 151.60 (buying) and Rs 152 (selling).