The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee inched down by one paisa in relation to the dollar for buying and selling at Rs 110.55 and Rs 110.56 respectively, they said. In the final Asian trade, the dollar nursed losses against a basket of currencies on Friday and was on track for a weekly fall as investors focused on renewed economic strength in the eurozone.
The dollar index, which tracks the greenback against a basket of six major rivals, was nearly flat on the day at 88.701, holding above a three-year low of 88.429 set one week ago but still down 0.4 percent for the week.
The euro edged down 0.1 percent on the day to $1.2499, but remained within sight of last week's 3-year high of $1.2538. For the week, it was up 0.6 percent.
On Friday, the BOJ offered to buy an unlimited amount of JGBs with more than five to ten years left to maturity at 2 basis points above the previous close, which is 0.110 percent - the same level at which it has offered similar unlimited buying in the past.
The dollar was trading against the Indian rupee at Rs 64.070, the greenback was at 3.887 in terms of the Malaysian ringgit and the US currency was at 6.282 versus the Chinese yuan.

========================
Open Bid       Rs.111.80
Open Offer     Rs.112.10
========================

========================
Bid Rate       Rs.110.55
Offer Rate     Rs.110.56
========================