Rising trend was seen on the open market on Saturday as the rupee posted fresh gains against dollar and euro, dealers said. The rupee picked up 10 paisa in relation to dollar for buying at 91.00 and gained five paisa for selling at 91.20, they said.
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Open Buying Rs 91.00
Open Selling Rs 91.20
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According to the currency dealers, there was no change in the dollar's demand and supply situation that helped rupee stability in the open market.
The dollar commenced trading at its overnight closing of Rs 91.1 and Rs 91.3 on buying and selling sides, respectively. The opening rates continued to prevail throughout the day's trading.
On the other hand, the local currency recovered some of its earlier loss and was improved against the pound sterling. The pound was traded at Rs 144.2 and Rs 144.45 on buying and selling counters as compared to Friday closing of Rs 144.3 and Rs 144.8, respectively, the dealers said.
The dollar resumed trading at Rs 91 (buying) and Rs Rs 91.20 (selling) against same previous rate. It did not observe any further change in the second session and closed at Rs 91 (buying) and Rs 91.20 (selling).
Pound Sterling opened at Rs 142 (buying) and Rs 142.50 (selling) against same previous rate. It did not observe further change in the second session and closed at Rs 142 (buying) and Rs 142.50 (selling).