The rupee depicted slight changes against the dollar on Monday in the process of trading, dealer said. The rupee shed one-paisa versus the dollar for buying and selling at Rs 104.75 and Rs 104.77 respectively, dealer said.
INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee depreciated by 10 paisas versus the dollar for buying and selling at Rs 104.90 and Rs 105.10 respectively, and it also dropped by 40 paisas against the euro for buying and selling at Rs 118.40 and Rs 119.40, they added.
In the first Asian trade, sterling rallied as opinion polls swung in favour of British voters opting to remain in the European Union at this week's referendum, underpinning risk sentiment and sending the perceived safe-haven yen tumbling.
The pound climbed 1.6 percent to $1.4589, extending a recovery from last Thursday's more than two-month trough of $1.4013.
It jumped more than 2 percent to 152.65 yen, pulling well away from a three-year trough around 145.34 set on Thursday. Investors took heart after three of six opinion polls published over the weekend showed a shift towards keeping Britain in the EU, but the June 23 vote still looked too close to call. The dollar was trading against the Indian rupee at Rs 67.36, the US currency was trading versus the Malaysian ringgit at 4.0715 and the greenback was at 6.5784 in terms of the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 78.400-78.40 (previous 78.40-78.40.
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Open Bid Rs.104.90
Open Offer Rs.105.10
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.104.75
Offer Rate Rs.104.77
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RUPEE IN LAHORE: The rupee improved in relation to the US dollar on the local currency market on Monday. According to the currency dealers, the dollar resumed trading on a depressed note and remained under pressure due to lacking buyers' interest. At close, the dollar could not sustain and declined to Rs 105.00 and Rs 105.30 as its buying and selling rates against the Saturday's closing of Rs 105.10 and Rs 105.45, respectively.
On the other hand, the rupee failed to hold its strength and witnessed a considerable loss against the British pound.
The pound's buying and selling rate improved from the previous closing of Rs 150.00 and Rs 151.50 to Rs 152.20 and Rs 153.30, respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee recovered 10 paisa against the dollar at local currency establishments of Islamabad and Rawalpindi here on Monday.
The dollar resumed trading at Rs 105.50 (buying) and Rs 106 (selling) against last rate of 105.60 (buying) and Rs 106.10 (selling). It did not observe further change in the last trading hours and closed at Rs 105.50 (buying) and Rs 106 (selling).
Pound Sterling opened at Rs 151.60 (buying) and Rs 152 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 151.60 (buying) and Rs 152 (selling).
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