The rupee moved both ways as it gained five paisa against dollar in the interbank market on Thursday for buying at 67.35 while it did not show any change for selling at 67.50, money experts said.
In the fourth session, dollar inched up against euro and other major currencies, extending gains made the previous day after Federal Reserve chief Ben Bernanke emphasised inflation concerns, yet another sign the central bank is likely done with cutting rates.
Bernanke said on Wednesday that rising inflation expectations were a "significant concern", a day after he gave a rare warning that a weak dollar was adding to price pressures, giving a boost to the US currency.
OPEN MARKET RATES: The rupee versus dollar lost 10 paisa for buying and selling at 67.90 and 68.00, they said. The rupee, however, gained same amount in relation to euro for buying and selling at Rs 104.75 and Rs 104.85, dealers said
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Open Buying Rs 67.90
Open Selling Rs 68.00
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Interbank Closing Rates: Interbank Closing Rates For Dollar On Thursday.
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Buying Rs 67.35
Selling Rs 67.50
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 9.25 11.50 9.50 11.75 10.50
1-Week 10.25 10.75 10.50 11.00 10.63
2-Week 10.50 11.00 10.75 11.25 10.88
1-Month 10.40 11.00 10.60 11.25 10.81
2-Months 10.75 11.25 11.00 11.50 11.13
3-Months 10.75 11.40 11.10 11.50 11.19
4-Months 10.90 11.50 11.25 11.65 11.33
5-Months 11.00 11.50 11.40 11.70 11.40
6-Months 11.25 11.50 11.50 11.75 11.50
9-Months 11.25 11.50 11.50 11.75 11.50
1-Year 11.25 11.50 11.60 11.80 11.54
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Call Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 10.25 13.00 11.50 14.00 12.19
Week 11.50 13.00 12.00 13.50 12.50
Week 11.00 13.00 11.50 13.50 12.25
Month 12.00 13.00 12.50 14.00 12.88
Months 12.50 14.50 13.50 15.00 13.88
Months 13.00 14.50 14.50 15.00 14.25
Months 13.50 14.75 14.00 15.50 14.44
Months 13.75 14.50 14.25 15.00 14.38
Months 14.00 14.50 14.50 15.00 14.50
Months 14.00 14.50 14.50 15.00 14.50
Year 14.25 14.75 14.75 15.25 14.75
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RUPEE IN LAHORE: The rupee kept on sliding against the greenback in the Lahore currency market on Thursday. The rising demand for dollar kept the rupee under pressure throughout the day.
The dollar closed higher at Rs 68.50 and Rs 68.80 against the Wednesday's closing of Rs 68.20 and Rs 68.55 on the buying and selling sides respectively. The rupee maintained its upward trend against the pound sterling and was bought and sold at Rs 133.00 and Rs 133.50 as compared to the previous closing of Rs 133.30 and Rs 134.00, respectively.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar was up by 40 paisa against the rupee at the open currency markets of Islamabad and Rawalpindi on Thursday.
It pened at Rs 68.10 (buying) and Rs 68.40 (selling) against the last rate of Rs 67.70 (buying) and Rs 67.80 (selling). It did not observe any change in the last trading hours and closed at Rs 68.10 (buying) and Rs 68.40 (selling).
Pound sterling opened at Rs 138.00 (buying) and Rs 138.50 (selling) against the previous rate. It did not observe any change in the second session and closed at Rs 138.00 (buying) and Rs 138.50 (selling).
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