Declining trend persisted on the money market on Thursday in the process of trading, dealers said. The rupee lost 10 paisas against the dollar for buying and selling at Rs 105.33 and Rs 105.35, dealers said.
In the fourth Asian trade, the euro held near a 14-month high against the dollar on Thursday as investors look to hints from the European Central Bank on tapering of its stimulus, while the yen barely budged after the Bank of Japan kept monetary policy on hold.
The ECB is expected to lay the groundwork for an autumn policy shift when it meets on Thursday, emphasising improved growth while trying to temper expectations after previously setting off a mini-tantrum in financial markets.
ECB President Mario Draghi opened the door to policy tweaks in a speech in Sintra, Portugal, in late June, leading to expectations that the ECB is ready to announce cuts in its asset purchasing programme.
The euro is now at $1.1515, backing off a tad from Tuesday's $1.1583, its highest level since May 2016 but still maintaining gains of 3.0 percent since Draghi's Sintra speech.
The dollar was trading against the Indian rupee at Rs 64.380, the greenback was at 4.288 in terms of the Malaysian ringgit and the US currency was available at 6.765 versus the Chinese yuan.

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Open Bid       Rs.107.10
Open Offer     Rs.107.30
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Bid Rate       Rs.105.33
Offer Rate     Rs.105.35
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