In the interbank market, the rupee gained four paisas in terms of the dollar for buying and selling at Rs 104.79 and Rs 104.81.
Commenting on the firmness in the value of the rupee, some experts said that the rupee will not depict any weakness versus the dollar on balanced demand and supply position. Some experts said that private sector were not interested in the buying of dollars, instead taking loan from the interbank, indicating that the rupee to sustain it's levels in the near future.
In the meantime, it is indicating that the local currency likely to decline if the country' foreign exchange come down, besides, inflation rates go up or demand for dollars increases, they
INTER-BANK MARKET RATES: During the whole week, rupee showed no visible change versus the dollar for buying and selling at Rs 104.85 and Rs 104.86.
OPEN MARKET RATES: On Monday, the rupee sustained overnight levels in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10, they said.
The rupee, however, lost 1.20 in relation to the euro for buying and selling at Rs 114.20 and Rs 115.70.
On Tuesday, the rupee did not move any side in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee, however, lost 20 paisas further in relation to the euro for buying and selling at Rs 114.40 and Rs 115.90.
On Wednesday, the rupee held the overnight levels in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee, however, lost 50 paisas in relation to the euro for buying and selling at Rs 115.00 and Rs 116.50.
On Thursday, the rupee sustained it's overnight levels in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee gained 25 paisas in relation to the euro for buying and selling at Rs 114.50 and Rs 116.00.
On Friday, the rupee held the overnight levels in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee, however, lost 50 paisas in relation to the euro for buying and selling at Rs 115.00 and Rs 116.50.
On Saturday, the rupee showed an improvement of 10 paisas in terms of the dollar for buying and selling at Rs 105.80 and Rs 106.00. The rupee also picked up 40 paisas in relation to the euro for buying and selling at Rs 114.60 and Rs 116.10
OVERSEAS MARKET OUTLOOK: In the first Asian trade, the euro pared gains after scaling a five-month high against the dollar after the centrist candidate won the first round of the French presidential election, reducing the risk of an anti-establishment shock in the final round.
The euro was up 1.1 percent at $1.0844 by midday in Asia after earlier rising as high as $1.0940, its highest since November 10.
Centrist Emmanuel Macron, a pro-EU ex-banker and former economy minister, emerged as the leader of the first round of voting and qualified for a May 7 runoff alongside the second-place finisher, far-right leader Marine Le Pen.
Against the yen, the euro jumped 2.1 percent to 119.34, after touching a one-month high of 120.935.
The dollar was trading against the Indian rupee at Rs 64.498 and the greenback was at 6.888 versus the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 79.95-79.95 (previous 79.90-79.90).
In the second Asian trade, the euro steadied, pausing after a rally sparked by the first-round results of the French presidential election, while the Canadian dollar fell after the US slapped duties on Canadian softwood lumber.
The euro last traded at $1.0866, off Monday's peak of around $1.0940, its highest level since November 10, after centrist Emmanuel Macron won the first round of the French presidential elections.
The dollar was trading against eh Indian rupee at Rs 64.310, the greenback was at 4.379 in terms of the Malaysian ringgit and the US currency was at 6.884 against the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Tuesday: 80.03-80.03 (previous 79.95-79.95).
In the fourth Asian trade, the dollar held gains against the yen after US President Donald Trump's tax plan offered no fresh surprises, slowing the greenback's rally, while the market awaited the European Central Bank's upcoming monetary policy decision.
The Canadian dollar and Mexican peso, which had slumped earlier on reports the United States is considering withdrawing from the North American Free Trade Agreement (NAFTA), bounced sharply after Trump said he would not scrap the pact but renegotiate instead.
Against the Japanese yen, the dollar had surged to a four-week high of 111.780 overnight before the unveiling of Trump's tax reform plan, but it lost traction as it failed to excite investors. The dollar was last up 0.15 percent at 111.220 yen.
The dollar was trading against the Indian rupee at Rs 64.090, the US currency was at 4.343 in terms of the Malaysian ringgit and the US currency was at 6.896 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Thursday: 80.23-80.23 (previous 80.13-80.13).
At the week-end, the euro rose against the US dollar after strong euro zone inflation figures, while the dollar edged higher against the yen after US wages data suggested the Federal Reserve would still hike interest
The dollar rose as much as 0.4 percent against the yen to a session high of 111.71 yen, just below a nearly four-week high of 111.77 touched April 26, after US Labour Department data showed private wages and salaries accelerated 0.9 percent in the first quarter. That marked the largest increase in 10 years.