Recovery of the rupee versus the dollar was again witnessed on the money market on Thursday in process of trading, currency experts said. The rupee held the overnight levels in relation to the dollar for buying and selling at Rs 110.54 and Rs 110.55, they said.
The dollar was available against the Indian rupee at Rs 63.918 and the greenback was at 3.892 versus the Malaysian ringgit.
Inter bank buy/sell rates for the taka against the dollar on Thursday: 82.94-82.94 (Previous 82.92-82.92).
The rupee, however, lost 75 paisas in terms of the euro for buying and selling at Rs 137.75 and Rs 139.25, they added.
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Open Bid Rs.111.20
Open Offer Rs.111.50
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Bid Rate Rs.110.54
Offer Rate Rs.110.55
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According to currency dealers, the greenback commenced trading on a positive note following surge in the demand of the greenback in the market.
As a result, the dollar rate improved to Rs 111.20 and Rs 111.55 for buying and selling, respectively, as compared to the overnight closing rate of Rs 111.05 and Rs 111.50 respectively, they added.
Likewise, the British pound improved its rate versus the national currency. Consequently, the pound's buying and selling rates improved from Wednesday's closing rate of Rs 153.10 and Rs 154.20 to Rs 154.50 and Rs 155.20 respectively, the dealers said.
The dollar opened at Rs 111.75 (buying) and Rs 111.85 (selling) against same last rate. It closed at the same levels.