The rupee showed slight gains against the dollar on the money market on Wednesday in the process of trading activity, dealers said. The rupee picked up six paisas in terms of the dollar for buying and selling at Rs 105.32 and Rs 105.36 respectively, they said.
In line with the trend against dollar, the rupee also depicted no change in relation to the euro for buying and selling at Rs 124.00 and Rs 125.00 respectively, they said.
In the third Asian trade, the dollar bobbed above a 13-month low against a basket of major currencies, as investors awaited the US Federal Reserve's policy statement for clues on the course of its next monetary tightening.
Traders also kept an eye on the US Senate, which narrowly agreed to open debate on a bill to end Obamacare. But the wafer-thin victory on a simple procedural matter raised questions about whether Republicans will be able to muster the votes necessary to pass any of the various approaches to repeal.
In a first of the many votes likely to come this week, the plan to repeal and replace Obamacare- passage of which is needed to fund fiscal stimulus -failed to get the 60 votes needed for approval.
The dollar index, which measures the greenback against a basket of six major currencies, edged slightly higher to 94.109. On Tuesday, it fell as low as 93.638, its weakest level since June 2016.
The dollar was trading against the Indian rupee at Rs 64.420, the US currency was available at 4.282 versus the Malaysian ringgit and the greenback was at 6.756 in terms of the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Wednesday: 80.64-80.64 (previous 80.64-80.64).

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Open Bid       Rs.107.30
Open Offer     Rs.107.50
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Bid Rate       Rs.105.32
Offer Rate     Rs.105.36
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