The rupee improved further against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee showed further gains versus the dollar, picking up 10 paisas for buying and selling at Rs 106.60 and Rs 106.80 respectively, they said. The rupee also went up sharply in relation to the euro, gaining Rs 1.10 for buying and selling at Rs 125.00 and Rs 128.00 respectively.
The dollar index, which measures the greenback against six major rivals, jumped about 1 percent to a one-week high of 93.774 after the Labour Department said non-farm payrolls increased by 209,000 jobs last month and Cohn's comments. It was last up 0.7 percent at 93.529.
Cohn told Bloomberg TV on Friday that the 35 percent US corporate tax rate should be more in line with the 24 percent average rate among other countries in the Organization for Economic Cooperation and Development.

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Open Bid       Rs.106.60
Open Offer     Rs.106.80
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