The rupee was firm against dollar, it, however, continued its fall versus euro on the currency market on Wednesday, dealers said. The rupee maintained its rise, picking six paisa in terms of dollar for buying and selling at 85.50 and 85.55, they said.
Indian rupee was trading at Rs 45.76 versus dollar, Malaysian ringgit was available at 3.0430 against the greenback and Chinese Yuan was 6.5938 in terms of the US currency.
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Open Buying Rs 85.50
Open Selling Rs 85.55
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Buying Rs 85.80
Selling Rs 85.90
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According to the currency dealers, the dollar witnessed downward slide on account of diminishing demand, which helped the local currency appreciate its worth. The dollar resumed trading at Rs 85.60 and Rs 85.90, as its buying and selling rates, compared to overnight closing rates of Rs 85.70 and Rs 86.00, the dealers said.
On the contrary, the rupee remained under pressure against the pound sterling and lost 50-paisa on buying side (Rs 137.50) and 30-paisa on selling side (Rs 138.30). The pound was purchased and sold at Rs 137.50 and Rs 138.30, as its buying and selling rates, compared to overnight closing rates of Rs 137.00 and Rs 138.00, they added.
The dollar opened at Rs 85.95 (buying) and Rs 86.10 (selling) against same last rates. It did not observe further change in the evening session and closed at Rs 85.95 (buying) and Rs 86.10 (selling).
Pound sterling opened at Rs 136.30 (buying) and Rs 136.70 (selling) against same previous rates. It did not witness any change in the evening session and closed at Rs 136.30 (buying) and Rs 136.70 (selling).