Tight supply of dollar pushed the rupee value down by two paisa in the interbank market for buying and selling at Rs 57.46 and Rs 57.48, respectively.
Market men said that the dollar posted fresh gain on rising demand by the different quarters.
In the world markets, the dollar moved both ways versus the leading currencies, they added.
KERB RATES: The rupee did not show any change versus the greenback for buying and selling at Rs 57.73 and Rs 57.78, respectively.
While, the rupee lost 28 paisa against the euro for buying and selling at Rs 70.86 and Rs 71.16, respectively.
================================
Kerb Buying Rs 57.73
Kerb Selling Rs 57.78
================================
INTERBANK CLOSING RATES: Interbank closing rates for dollar on Thursday.
==============================
Buying Rs 57.46
Selling Rs 57.48
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.10 0.20 0.30 0.40 0.25
1-Week 0.20 0.40 0.60 0.80 0.50
2-Week 0.70 0.90 1.10 1.30 1.00
1-Month 0.90 1.10 1.30 1.50 1.20
2-Months 1.00 1.20 1.40 1.60 1.30
3-Months 1.35 1.45 1.65 1.75 1.55
4-Months 1.40 1.50 1.70 1.90 1.63
5-Months 1.50 1.60 1.80 1.90 1.70
6-Months 1.60 1.80 1.90 2.00 1.83
9-Months 1.90 2.10 2.30 2.50 2.20
1-Year 2.10 2.30 2.50 2.70 2.40
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.20 0.30 0.60 0.80 0.48
1-Week 0.30 0.50 0.70 0.90 0.60
2-Week 0.90 1.10 1.30 1.50 1.20
1-Month 1.10 1.30 1.50 1.70 1.40
2-Month 1.20 1.40 1.60 1.80 1.50
3-Month 1.40 1.60 1.80 2.00 1.70
4-Month 1.50 1.70 1.90 2.10 1.80
5-Month 1.60 1.70 1.90 2.10 1.83
6-Month 1.70 1.90 2.10 2.20 1.98
9-Month 2.20 2.40 2.60 2.80 2.50
1-Year 2.40 2.60 2.80 3.00 2.70
=================================================================
RUPEE IN LAHORE: The rupee remained under pressure and marginally lost its value by two-paisa in relation to the greenback in the local currency markets, on Thursday.
There was a slight increase in dollar's demand, which helped appreciation in its worth.
The dollar commenced trading at Rs 57.80 and Rs 57.90 on buying and selling counters, respectively, as compared to Rs 57.78 and Rs 57.88 on Wednesday.
The currency dealers were of the view that mere two-paisa appreciation in dollar's worth indicates that it could take downward trend in a day or so.
As a result, most of the investors remained on the sidelines to avert any loss, the dealers added.
Similarly, the rupee remained weak against the pound sterling. The pound was traded at Rs 105.30 and Rs 105.60 on buying and selling counters, respectively, as compared to Rs 104.40 and Rs 104.70 of Wednesday, the dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi on Thursday.
The dollar opened at Rs 57.70 (buying) and Rs 57.80 (selling) against the same last rate. It did not observe any further change in the evening session, and closed at Rs 57.70 (buying) and Rs 57.80 (selling) respectively.
The pound sterling opened at Rs 105.50 (buying) and Rs 105.60 (selling) against the same overnight value.
It did not observe any further change in the second session, and closed at Rs 105.50 (buying) and Rs 105.60 (selling) respectively.
The Canadian dollar opened at Rs 43.40 (buying) and Rs 43.50 (selling) against the same overnight value. It did not observe any further change in the evening session, and closed at Rs 43.40 (buying) and Rs 43.50 (selling) respectively.
Comments
Comments are closed.