The rupee showed no major differences in terms of the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee rose by two paisas against the dollar for buying and selling at Rs 105.47 and Rs 105.48 respectively.
US Senate Republicans pushed forward President Donald Trump's tax cut bill on Tuesday to pave the way for a full vote by the Senate as soon as Thursday, although some details of the bill were still to be settled.
The dollar was trading against the Indian rupee at Rs 64.41, the greenback was at 4.105 in terms of the Malaysian ringgit and the US currency was at 6.600 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Wednesday: 82.30-82.30 (Previous 82.00-82.20).
The rupee extended overnight gains versus the euro, picking up 80 paisas for buying and selling at Rs 126.50 and Rs 127.75 respectively, they said.
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Open Bid Rs.107.40
Open Offer Rs.107.60
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Bid Rate Rs.105.47
Offer Rate Rs.105.48
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According to the currency dealers, the dollar resumed trading at its day earlier closing of Rs 107.30 and Rs 107.70 as its buying and selling rate, respectively. On account of fresh buying, the dollar registered gain and ended higher at Rs 107.40 and Rs 107.80 on buying and selling counter, respectively.
Similarly, the rupee remained depressed and declined against the British pound. The pound's buying and selling rate improved from the overnight closing of Rs 141.80 and Rs 142.70 to Rs 142.40 and Rs 143.40, respectively, the dealers added.
The dollar opened at Rs 107.40 (buying) and Rs 107.50 (selling) against last rate of Rs 107.50 (buying) and Rs 107.60 (selling). It closed at Rs 107.40 (buying) and Rs 107.50 (selling).