The rupee fell against the dollar on the money market on Wednesday in the process of trading activity, dealers said. The rupee slipped by one paisa in terms of the dollar for buying and selling at Rs 105.45 and Rs 105.46 respectively, they said.
INTER-BANK MARKET RATES: In the third Asian trade, the dollar held near a three-month high versus the yen, underpinned by reports of Republican senators' favouring John Taylor to become the next head of the Federal Reserve, while the Aussie dollar weakened after soft inflation data.
The dollar last traded at 113.77 yen, down 0.1 percent on the day, but still within sight of Monday's peak of 114.10 yen, which was the dollar's highest since July 11.
A source familiar with the matter said Trump polled the Republicans on whether they would prefer Taylor or current Fed Governor Jerome Powell for the job.
The dollar was trading against the Indian rupee at Rs 65.14, the greenback was at 4.232 in terms of the Malaysian ringgit and the US currency was at 6.641 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Wednesday: 80.85-80.85 (previous 80.85-80.85).
OPEN MARKET RATES: The national currency slid in relation to the dollar, losing 10 paisas for buying and selling at Rs 107.20 and Rs 107.40 respectively, they said.
The rupee was unchanged versus the euro for buying and selling at Rs 126.00 and Rs 127.25 respectively, they said.
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Open Bid Rs.107.20
Open Offer Rs.107.40
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
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Bid Rate Rs.105.45
Offer Rate Rs.105.46
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RUPEE IN LAHORE: The Pak rupee depreciated marginally on buying side while it remained unchanged on selling side in relation to the US dollar in the local currency market on Tuesday.
The dollar resumed trading on its overnight closing trend of Rs 107.20 and Rs 107.55 as its buying and selling rates, respectively. At close of trading, it slipped marginally by five paisas for buying and ended at Rs 107.25.
However, no change in its value took place for selling as it maintained its opening trend of Rs 107.55, local currency dealers said. Furthermore, the rupee remained under pressure for the second consecutive day in terms of the pound sterling. The pound's buying and selling rates further rose from Monday's Rs 140.60 and Rs 141.50 to Rs 141.00 and Rs 142.00 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 106.70 (buying) and Rs 107 (selling) against same last rate. It closed at Rs 106.70 (buying) and Rs 107 (selling).
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