The rupee showed stable trend against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
The central bank's chief economist Peter Praet, a close ally of President Mario Draghi, said the ECB would debate next week whether to end bond purchases later this year.
The euro strengthened against other currencies, hitting a two-week high of 1.1640 Swiss franc and 129.83 yen on Wednesday.
The dollar was trading against the Indian rupee at Rs 67.068, the greenback was at 3.973 in terms of the Malaysian ringgit and the US currency was at 6.392 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Thursday: 83.70-83.70 (Previous 83.70-83.70).
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Open Bid Rs.118.00
Open Offer Rs.118.50
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Bid Rate Rs.115.61
Offer Rate Rs.115.62
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According to currency dealers, the greenback resumed trading on its overnight closing of Rs 118.40 and Rs 118.80 as its buying and selling rates respectively. At the close, the greenback remained under pressure for another day and further appreciated by 20 paisas for buying at Rs 118.60. However, no change in its value took place for selling, they added.
In addition, the local currency witnessed appreciation in terms of trading against the British pound. The pound's buying and selling rates slipped from Wednesday's closing of Rs 157.40 and Rs 158.30 to Rs 157.20 and Rs 158.20 respectively, they said.
The dollar opened at Rs118.90 (buying) and Rs 119(selling) against last rate of Rs 118.50 (buying) and Rs 118.60 (selling). It closed at Rs 118.50 (buying) and Rs 118.60 (selling).