The rupee managed to hold its weekend stability against the dollar on Monday in the process of trading, dealers said. The rupee held the last levels versus the dollar for buying and selling at Rs 104.50 and Rs 104.51 respectively, they said.
In the first Asian trade, the dollar nursed losses, edging away from a near two-week low against a basket of currencies it marked in the previous session after weak US jobs data led traders to pare bets that the Federal Reserve was poised to hike interest rates as early as this month.
The dollar was trading against the Indian rupee at Rs 65.32, the greenback was at 4.4000 in terms of the Malaysian ringgit and the US currency was available at 6.3571 in terms of the Chinese ringgit. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80): 05.25-06.50 percent (Previous 05.25-06.50 percent).
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Open Bid Rs.104.25
Open Offer Rs.104.50
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Bid Rate Rs.104.50
Offer Rate Rs.104.51
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The British Pound was traded higher versus the rupee, with the latter being purchased and sold at Rs 157.60 and Rs 158.50 as against Saturday's closing rates of Rs 157.50 and Rs 158.30, the dealers added.