Little changes were witnessed in value of the rupee against the dollar in the process of trading, dealers said on Wednesday. The rupee inched up with sligh gains against the dollar for buying and selling at Rs 104.84 and Rs 104.88, they said.
The dollar rose as high as 118.66 yen on December 15, its highest since February. The dollar was trading against the Indian rupee at Rs 68.20, the US currency was at 4.4800 in terms of the Malaysian ringgit and the greenback was at 6.9542 versus the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Wednesday. 78.70-78.78 (previous 78.70-78.80).
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Open Bid Rs.108.10
Open Offer Rs.108.30
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Bid Rate Rs.104.84
Offer Rate Rs.104.88
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The trading of the US dollar resumed on a positive note and kept on rising amidst buyers' interest in the market. At the close of trading, the dollar ended higher at Rs 108.15 and Rs 108.40 on buying and selling sides, respectively, as compared to the overnight closing rates of Rs 108.00 and Rs 108.35, said the local currency dealers.
Moreover, the local currency recovered by 20-paisa on buying side while it stayed unchanged on selling side versus the pound sterling. The British currency was bought and sold at Rs 131.30 and Rs 132.50 against Rs 131.50 and Rs 132.50 on Tuesday, respectively, they added.
The dollar resumed trading at Rs 108 (buying) and Rs 108.50 (selling) against last rate of Rs 107 (buying) and Rs 107.50 (selling). It did not observe further change in evening session and closed at Rs 108 (buying) and Rs 108.50 (selling).
Pound Sterling opened at Rs 135 (buying) and Rs 135.10 (selling) against same last week's rate. It did not observe further change in the second session and closed at Rs 135 (buying) and Rs 135.10 (selling).