OPEN MARKET RATES: The rupee rose by 10 paisas in relation to the dollar for buying and selling at Rs 107.00 and Rs 107.20, however, it rose by 75 paisas against the euro for buying at Rs 113.00 and 15 paisas for selling at Rs 114.50.
INTER-BANK MARKET RATES: The rupee shed two paisas versus the dollar for buying and selling at Rs 104.83 and Rs 104.84.
According to the some analysts, the rupee, somehow managed to sustain its present levels due to easy supply of dollars.
The dollar is in demand but it looks that the US currency may come down cautiously in relation to the domestic currency, they observed.
Some other experts said that the in the near future, it is plausible that the rupee to climb in terms of the dollar.
Besides, the country's foreign exchange reserves fell to reach below 22 billion dollars during the last week.
OPEN MARKET RATES: on Monday, the rupee was almost unchanged in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30 respectively, however it gained Rs 2.10 versus the euro for buying and selling at Rs 113.65 and Rs 114.65 respectively, they said.
On Tuesday, the rupee remained unchanged in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30, however it shed five paisas against the euro for buying at Rs 113.70 and single European currency lost 55 paisas for selling at Rs 115.20, they said.
On Wednesday, the rupee held it's weeks long levels in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30, however it gained 90 paisas against the euro for buying and selling at Rs 112.80 and at Rs 114.30.
On Thursday, the rupee maintained last levels in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30, however, it lost 80 paisas against the euro for buying and selling at Rs 113.60 and at Rs 115.10.
On Friday, the rupee rose by 10 paisas in relation to the dollar for buying and selling at Rs 107.00 and Rs 107.20, however, it shed 15 paisas against the euro for buying and selling at Rs 113.75 and at Rs 115.25.
On Saturday, the rupee was unchanged in relation to the dollar for buying and selling at Rs 107.00 and Rs 107.20, however, it gained 75 paisas against the euro for buying and selling at Rs 113.00 and at Rs 114.50.
INTER-BANK MARKET RATES: On February 13, the rupee shed one paisa in terms of the dollar for buying and selling at Rs 104.81 and Rs104.82. On February 14, the rupee showed no change versus the dollar for buying and selling at Rs 104.81 and Rs 104.82. On February 15, the rupee shed one paisa versus the dollar for buying and selling at Rs 104.82 and Rs 104.83. On February 16, the rupee picked up one paisa versus the dollar for buying and selling at Rs 104.83 and Rs 104.84. On February 17, the rupee was unchanged versus the dollar for buying and selling at Rs 104.83 and Rs 104.84.
OVERSEAS OUTLOOK FOR DOLALRS: In the first Asian, most emerging Asian currencies inched lower on Monday, as the dollar held firm after a closely watched two-day US-Japan summit over the weekend did not unnerve markets by mentioning currency policy.
The dollar was available against the Indian rupee at Rs 66.97, the greenback was at 4.4470 in terms of the Malaysian ringgit and the US currency was trading at 6.8832 versus the Chinese yuan.
In the second Asian trade, the dollar edged away from three-week highs against a basket of currencies as investors awaited congressional testimony by Federal Reserve Chair Janet Yellen for clues to the pace of the central bank's interest rate increases.
The dollar was trading against the Indian rupee at Rs 66.93, the greenback was at 4.4450 in terms of the Malaysian ringgit and the US currency was at 6.8723 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Tuesday 79.23-79.25 (previous 79.22-79.22).
In the third Asian trade, the dollar held gains near a 3-1/2-week high after Federal Reserve Chair Janet Yellen signalled a faster pace of US interest rate hikes.
The dollar was trading against the Indian rupee at Rs 66.95, the greenback was available at 4.4470 and the US currency was at 6.8703 in terms of the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Wednesday 79.30-79.30 (previous 79.23-79.25).
In the fourth Asian trade, the dollar took a breather after climbing to a one-month high as a run of upbeat US economic data rekindled expectations of an early rate hike by the Federal Reserve.
The dollar was trading against the Indian rupee at Rs 66.90, the greenback was at 4.4485 in relation to the Malaysian ringgit and the US currency was available at.8566 in terms of the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Thursday: 79.29-79.30 (previous 79.30-79.30).
In the final Asian trade, the dollar wallowed near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with underlying concerns about US trade policy capping greenback attempts to bounce.
The dollar index against a group of major currencies stood flat at 100.470 after hitting 100.410 overnight, its lowest since February 9.
The euro was steady at $1.0674 after climbing 0.7 percent the previous day. It was on track to eke out a 0.2 percent gain against the greenback this week, having been hit the previous week by perceived political risks to the euro zone.
The dollar was trading against the Indian rupee at 67.03, the greenback was at 4.4560 in terms of the Malaysian ringgit and the US currency was at 6.8664 versus the Chinese yuan.
At the week-end, the yen rose against major currencies as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency.
The dollar improved versus most peers with the exception of the yen, chalking up a second week of gains following a mildly hawkish view from Federal Reserve Chair Janet Yellen and surprising strong US data on retail sales and consumer prices.
The yen was up 0.3 percent against the dollar at 112.87 yen and was 0.9 percent higher versus the euro at 119.78 yen.
Copyright Business Recorder, 2017