All-round gains were seen on the money market on Friday as the rupee moved cautiously against the dollar in the process of trading, dealers said. The rupee picked up eight paisas against the dollar for buying and selling at 110.40 and 110.43 respectively, they said.
The rupee was unchanged in relation to the euro for buying and selling at Rs 129.50 and Rs 131.50 respectively, they said.
In the final Asian trade, the dollar edged up on Friday though it remained on track for weekly losses, while the euro slumped after Catalan vote results indicated a victory for separatists in a blow to Madrid.
Spain's government had hoped that the Catalan election would strip pro-independence parties of their control of the regional parliament and end their campaign to force a split. But with 96 percent of ballots counted in a vote to elect Catalonia's regional parliament, separatist parties are seen winning 70 seats out of 135.
The dollar was trading against the Indian rupee at Rs 64.025, the greenback was at 4.088 in terms of the Malaysian ringgit and the US currency was available at 6.572 versus the Chinese yuan.
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Open Bid Rs.110.20
Open Offer Rs.110.70
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Bid Rate Rs.110.40
Offer Rate Rs.110.43
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According to currency dealers, the greenback resumed trading on a negative note following lack of buyers' interest in the market. Consequently, it slid to Rs 110.10 and Rs 110.55 for buying and selling, respectively, as compared to the overnight closing of Rs 110.20 and Rs 110.70 respectively, they added.
Likewise, the national currency also followed the same suit in terms of the pound sterling. The pound's buying and selling rates slipped from Wednesday's closing of Rs 145.50 and Rs 146.30 to Rs 145.00 and Rs 146.20 respectively, they said.
The dollar opened at Rs 110.30 (buying) and Rs 110.50 (selling) against same last rate. It closed at Rs 110.30 (buying) and Rs 110.50 (selling).