The rupee failed to maintain overnight gains against the dollar on the currency market on Saturday in process of trading activity, dealers said. The rupee lost 50 paisas in relation to the dollar for buying and selling at Rs 133.20 and Rs 134.20, they said. The national currency, however, lost 90 paisas in terms of the euro for buying and selling at Rs 152.40 and Rs 154.40, they said.
May is willing to drop a requirement on the issue of the Irish border, which has impeded the two parties coming to an agreement, Bloomberg reported, citing anonymous sources. EU negotiator Michel Barnier earlier said that a Brexit deal was 90 percent done, but warned that failure to resolve the Irish border question could derail any agreement.
The euro and sterling have been burdened this week by delays in the two parties reaching an exit deal. The single currency gained to $1.1512, after earlier falling to $1.1433, the lowest since October 9. It is down from $1.1621 on Tuesday. The euro has good technical support at $1.1422-$1.1432, Citigroup analysts said. Sterling rose to $1.3067, after earlier probing a two-week low of $1.3009.

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Open Bid       Rs.133.20
Open Offer     Rs.134.20
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