Firmness prevailed on the money market on Saturday as the rupee held the overnight levels versus the dollar in the process of trading, dealers said. The rupee was unchanged against the dollar for buying and selling at Rs 105.50 and Rs 105.70 respectively, they said.
The euro slipped 0.2 percent to $1.0907, poised to shed 0.6 percent for the week after plumbing $1.0891 earlier on Friday, its lowest since March 10. The dollar was trading against the Indian rupee at Rs 66.87, the greenback was at 4.1900 in terms of the Malaysian ringgit and the US currency was at 6.7566 in relation to the Chinese yuan.
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Open Bid Rs 105.50
Open Offer Rs 105.70
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The trading activity of the greenback resumed on its day earlier closing of Rs 105.75 and Rs 106.00 as its buying and selling rates, respectively. At the close, the greenback further ended higher at Rs 105.80 on buying counter. However, it could not sustain and lost its worth to Rs 105.90 on selling counter, the local currency dealers said.
Against the pound sterling, the local currency failed to keep hold its strength. The pound's buying and selling rates went up from the Friday's closing of Rs 128.70 and Rs 129.60 to Rs 128.80 and Rs 129.80, respectively, they added.
The dollar opened at Rs 105 (buying) and Rs 105.10 (selling) against same last rate. It did not observe further change in evening session and closed at Rs 105 (buying) and Rs 105.10 (selling).
Pound Sterling opened at Rs 132 (buying) and Rs 133 (selling). It did not observe further change in the second session and closed at Rs 132 (buying) and Rs 133 (selling).