The rupee-dollar parity rates moved both ways in relation to the dollar on the currency market on Thursday, dealers said. The rupee shed three paisa in terms of the dollar, shedding three paisa for buying at 97.92 and 97.95, experts said.
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee held the overnight levels versus the dollar for buying and selling at 99.00 and 99.25, they said. The rupee picked up 40 paisa against the euro for buying and selling at Rs 128.60 and Rs 128.85, they added.
In the fourth Asian trade, the US dollar hovered near seven-month highs against a basket of currencies after bullish US retail sales data fanned hopes the economy can cope with the tax hikes and spending cuts that kicked in this year.
The Australian dollar shot up to five-week highs after a startlingly strong local employment report prompted traders to abandon expectations of rate cuts in coming months in Australia. The dollar was trading against the Indian rupee at Rs 54.32, the greenback was available at 3.1100 in terms of the Malaysian ringgit and the US currency was at 6.215 in relation to the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Thursday. 78.62-78.62 (78.65-78.67). Call Money Rates: 06.75-07.50 percent (previous 06.30-07.75 percent).
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Open Bid Rs 99.00
Open Offer Rs.99.25
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Bid Rate Rs.97.92
Offer Rate Rs.97.95
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RUPEE IN LAHORE: The national currency stayed firm against the dollar for the second day on the local currency market on Thursday.
According to the currency dealers, the dollar witnessed no change in its demand and supply situation throughout the day. The dollar was traded at its day earlier closing of Rs 99.20 and Rs 99.35 on buying and selling counters, respectively.
Similarly, the rupee also remained unchanged on buying side while it was improved on selling side against the pound sterling. The pound was purchased and sold at Rs 148.20 and Rs 148.55, compared with Wednesday closing of Rs 148.20 and Rs 148.80, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar as rupee remained unchanged at the open currency markets of Islamabad and Rawalpindi on Thursday. The dollar opened at Rs 99.80 (buying) and Rs 99.90 (selling) against same overnight value. Buying/selling rates of dollar closed at the same rate by the end of trading session. Pound Sterling opened at Rs 154 (buying) and Rs 155 (selling) against same last rate. It closed at the same rate without further change in the evening session.
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