Firmness prevailed on the money market on Thursday as the rupee did not move any side against the dollar in the process of trading, dealers said. The rupee sustained overnight levels against the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, they said. The rupee failed to hold overnight gains, shedding 40 paisas against the euro for buying and selling at Rs 118.80 and 119.80 respectively, they said.
The pound traded at $1.2960, staying near a peak of $1.2970 set on Wednesday, its highest level since May 25.
Opinion polls on Wednesday showed that May is on course to increase her majority in parliament in Thursday's election, suggesting her gamble to call the vote to strengthen her position in Brexit negotiations will pay off.
If the Conservative Party gains a decisive majority of more than 50 seats that would probably be seen as a positive outcome for sterling, Yeo said.
However, we still see much uncertainty surrounding the UK election, where a higher turnout vote of young people could potentially turn the tables on investors," she added.
The dollar was trading against the Indian rupee at Rs 64.350, the greenback was at 4.264 in terms of the Malaysian ringgit and the US currency was at 6.794 versus the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Thursday: 80.59-80.60 (previous 80.59-80.60).

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Open Bid       Rs 105.90
Open Offer     Rs 106.10
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Bid Rate       Rs 104.85
Offer Rate     Rs 104.86
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