The dollar managed to recover further ground against the rupee in the interbank market, it, however, did not depict any change versus the national currency in the open market on Tuesday, dealers said. The rupee extended its fall versus the dollar, shedding nine paisa for buying at 94.76 and it also lost 10 paisa for selling at 94.80, they said.
INTERBANK MARKET RATES: OPEN MARKET RATES: While, the rupee firmly held its overnight levels in terms of the dollar for buying and selling at 94.70 and 94.90, they said. The rupee lost 40 paisa in relation to the euro for buying and selling at Rs 118.50 and Rs 119.50.
In the second Asian trade, the euro pushed higher against the dollar on Tuesday, nearing a two-month high hit last week, supported by hopes the European Central Bank will soon unveil details of a plan to tackle the region's debt crisis. The dollar was trading against the Indian rupee at Rs 55.51, versus the Malaysian ringgit, the greenback was available at 3.1125 and the dollar was at 6.3420 in terms of the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.71-81.75 (previous 81.70-81.75). Call Money Rates: 09.50-10.00 percent (previous 04.00-11.25 percent).
========================
Open Buying Rs 94.70
Open Selling Rs 94.90
========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.
========================
Bid Rate Rs.94.76
Offer Rate Rs.94.80
========================
RUPEE IN LAHORE: The Pak rupee remained under pressure and further lost 10-paisa on buying side 15-paisa on selling side in relation to the greenback on the local currency market on Tuesday.
According to the currency dealers, the dollar's demand remained intact for the second day. As a result, the dollar was improved and closed at Rs 94.75 and Rs 94.95 on buying and selling counters against the overnight closing of Rs 94.65 and Rs 94.80, dealers said.
Similarly, the rupee could not maintain its day earlier position and depreciated its value against the British pound. The pound's buying and selling rates were increased from Monday closing of Rs 149.00 and Rs 149.40 to Rs 149.50 and Rs 149.90, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar on the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar resumed trading at Rs 94.2 (buying) and Rs 94.3 (selling) against the same last rate. It did not observe further change in the evening session and closed at Rs 94.2 (buying) and Rs 94.3 (selling).
Pound Sterling opened at Rs 146 (buying) and Rs 146.5 (selling) against same previous rate. It did not observe further change in the evening session and closed at Rs 146 (buying) and Rs 146.5 (selling).
Comments
Comments are closed.