The rupee held almost overnight levels against the dollar on Tuesday in the process of trading, dealers said. The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively.
The dollar index, which tracks the greenback against a basket of six major peers, slipped 0.1 percent to 100.040, after falling to 99.899 on Monday, its lowest since Dec 8. The dollar was up 0.1 percent at 112.84 yen but notched a low of 112.52 earlier in the session, its weakest since November 30, and well below its overnight high of 114.45.
Trump formally withdrew the United States from the now 11-nation Pacific Rim Trans-Pacific Partnership (TPP), distancing America from its Asian allies. The dollar was trading against the Indian rupee at Rs 68.12, the greenback was at 4.4335 in terms of the Malaysian ringgit and the US currency was at 6.8540 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Tuesday: 78.97-78.98 (previous 78.96-78.98).
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Open Bid Rs.107.20
Open Offer Rs.107.60
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Bid Rate Rs.104.85
Offer Rate Rs.104.86
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According to currency dealers, the greenback resumed trading on its overnight closing of Rs 107.50 and Rs 108.00 as its buying and selling rates, respectively.
At the close, the greenback did not witness any change in its buying rate which prevailed till close of trading at Rs 107.30.
However, in the absence of selling spree, it declined its worth to Rs 107.60 on selling counter, they added.
Moreover, the local currency remained under pressure for the second consecutive day against the pound sterling.
The pound's buying and selling rates further rose from the Monday's closing rates of Rs 132.60 and Rs 133.40 to Rs 132.90 and Rs 133.80, respectively, they said.
The dollar opened at Rs 108.30 (buying) and Rs 108.40 (selling) against same last rate. Dollar closed at Rs 108.30 (buying) and Rs 108.40 (selling).
Pound Sterling opened at Rs 130 (buying) and Rs 131.50 (selling). It did not observe further change in the second session and closed at Rs 130 (buying) and Rs 131.50 (selling).