The dollar maintained overnight levels versus the rupee on the interbank market, while it fell on the open market on Wednesday, said dealers on the local currency market.
OPEN MARKET RATES: The rupee continued weakness against the dollar, sliding 15 paisa for buying and selling at Rs 107.75 and Rs 107.95, they added. The rupee showed no variation in relation to the euro for buying and selling at Rs 144.50 and Rs 144.75, they said.
INTER-BANK MARKET RATES: The rupee continued its slide versus the dollar, sliding 22 paisa for buying and selling at Rs 107.30 and Rs 107.32, they said.
In the third Asian trade, the euro edged higher versus the yen on Wednesday as a rise in Tokyo shares bolstered risk sentiment and helped knock the Japanese currency lower, while the New Zealand dollar rose following strong local jobs data. Currency traders said the yen fell on the crosses as Japanese equities pushed higher after Japan's public broadcaster NHK said Toyota Motor Corp would lift its earnings guidance.
The dollar was trading against the Indian rupee at Rs 61.63, the greenback was at 3.1845 in terms of the Malaysian ringgit and the US currency was at 6.0976 against the Chinese yuan.
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Open Bid Rs 107.75
Open Offer Rs 107.95
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
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Bid Rate Rs 107.30
Offer Rate Rs 107.32
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RUPEE IN LAHORE: The Pak rupee-dollar parity stayed unchanged amid low trading activity on the local currency market on Wednesday.
According to the currency dealers, the dollar observed no change in its demand and supply situation that helped rupee stability. The dollar was traded at its overnight closing of Rs 107.50 and Rs 108.00 on buying and selling counters respectively.
However, the national currency continued downward move for another day and was declined against the pound sterling. The pound was purchased and sold at Rs 172.00 and Rs 173.00, compared with its day earlier closing of Rs 171.30 and Rs 172.30, respectively, the dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged on the open currency markets of Islamabad and Rawalpindi here on Wednesday.
The dollar opened at Rs 106.60 for buying and Rs 106.70 for selling against last rate. It observed no change in the second session and closed at Rs 106.60 for buying and Rs 106.70 for selling.
Pound Sterling opened at Rs 169 for buying and Rs 169.50 for selling against same last rate. It closed at the same rate without further change by the end of evening session.
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