Firmness prevailed on the money market on Monday in the process of trading, dealers said. The rupee shed one paisa in relation to the greenback for buying and selling at Rs 104.82 and Rs 104.83 respectively, they said. In the first Asian trade, the euro tumbled in early Asian trade after Italian Prime Minister Matteo Renzi said he would resign after conceding defeat in a referendum over his plan to reform the constitution.
The dollar was trading against the Indian rupee at Rs 68.15, the greenback was at 4.4470 in terms of the Malaysian ringgit and the US currency was at 6.8897 versus the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Monday: 78.78-78.80 (previous 78.75-78.75).
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Open Bid Rs.106.50
Open Offer Rs.106.70
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Bid Rate Rs.104.82
Offer Rate Rs.104.83
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According to currency dealers, the US dollar resumed trading on a positive note and remained strong during the day's trading. Following the buyers' interest, the dollar ended at Rs 106.40 and Rs 106.85 on buying and selling sides, respectively, as compared to last Saturday's closing rates of Rs 105.80 and Rs 106.00, respectively, they said.
Moreover, the local currency remained under pressure versus the pound sterling. The pound's buying and selling rates went up from its earlier closing rates of Rs 133.60 and Rs 135.00 to Rs 134.40 and Rs 135.20, respectively, the dealers added.
The dollar resumed trading at Rs 107 (buying) and Rs 107.50 (selling) against same last rate. It did not observe further change in evening session and closed at Rs 107 (buying) and Rs 107.50 (selling).
Pound Sterling opened at Rs 135 (buying) and Rs 135.10 (selling) against same last week's rate. It did not observe further change in the second session and closed at Rs 135 (buying) and Rs 135.10 (selling).