Dollar closed at 64.5200 against its opening at 64.5500.Dollar ended flat,snapping three-day fall on selling by foreign banks amid tracking subdued dollar. Local stocks open flat Friday tracking subdued trading in the Asian shares on fall in the global crude prices and rising concerns on oil supply glut amid truncated week ahead.On the global front Markets in Asia traded mixed on Friday after overnight news that the country's banking regulator had questions for banks on risks related to loans for overseas asset purchases and as oil prices advanced off 10-month lows. Traders are also unwilling to take long positions on the dollar holding ahead of next week's US inflation-linked indicators, while commodity......
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Asian shares flatlined on Friday but remained on track for a weekly gain, while crude oil prices pulled away from this week's 10-month lows.Gold held gains in Asia on Friday on safe-have demand from China as borrowing by some major private firms to buy assets overseas comes under the scanner of the country's bank regulator.Oil edged up on Friday, recovering slightly from steep falls earlier in the week, but is set for the worst performing first-half in two decades despite ongoing production cuts.A second Australian state on Friday said it was open to charging its own bank tax, raising fears the federal government has opened a "Pandora's box" by slapping its own A$6.2 billion ($4.7 billion) levy on major lenders in its May budget.
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