The rupee moved both ways against the dollar on Wednesday in the process of trading, dealers said, adding it gave up weakness versus the dollar due to slight improvement in the supply of dollar. The rupee shed one paisa against the dollar for buying and selling at Rs 104.81 and Rs 104.83 respectively, they said.
The dollar was trading against the Indian rupee at Rs 67.72, the greenback was available at 4.3450 versus the Malaysian ringgit and the US currency was at 6.8694 in terms of the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Wednesday: 78.57-78.58 (previous 78.53-78.56).
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Open Bid Rs.106.40
Open Offer Rs.106.60
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Bid Rate Rs.104.81
Offer Rate Rs.104.83
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According to currency dealers, the US dollar resumed at its overnight closing of Rs 106.70 and Rs 106.85 as its buying and selling rates, respectively. In the absence of buyers' interest, the dollar slightly slipped down to Rs 106.65 on buying counter. However, its opening rates prevailed till close of trading on selling counter, respectively, they said.
Moreover, the rupee-pound parity remained unchanged amid sluggish trading trend in the market. The pound did not observe any change in its demand and supply situation which helped local currency stabilise. As a result, its opening rates continued to prevail till close of trading at Rs 132.00 and Rs 133.00, respectively, the dealers 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).