The rupee sustained its overnight levels against the dollar on the money market on Monday in the process of trading, dealers said. The rupee also held it's week-end levels against the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
INTER-BANK MARKET RATES: In the first Asian trade, the dollar held steady against a basket of major currencies on Monday after pulling back slightly from a 3-1/2-month high last week, pressured by a decline in the benchmark US 10-year Treasury yield.
The dollar's index against a basket of six major currencies stood at 91.561, steady on the day but down from Friday's high of 91.986, its strongest level since Jan. 11.
The dollar index had risen more than 1.3 percent last week for its biggest weekly gain in over two months, after the US 10-year Treasury yield rose above the psychologically key 3.0 percent threshold to four-year highs.
The US 10-year yield has since come off that peak and fell 3 basis points on Friday to 2.957 percent, down from a four-year high of 3.035 percent struck on Wednesday.
The dollar was trading against the Indian rupee at Rs 66.660, the greenback was available at 3.918 in terms of the Malaysian ringgit and the US currency was at 6.331 at versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday: 82.98-82.98 (Previous 82.98-82.98).
OPEN MARKET RATES: The rupee stayed put in relation to the dollar for buying and selling at Rs 118.20 and Rs 118.70 respectively, they said. The rupee rose by 25 paisas in terms of the euro for buying and selling at Rs 143.00 and Rs 144.50 respectively, they added.
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Open Bid Rs.118.20
Open Offer Rs.118.70
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.115.61
Offer Rate Rs.115.62
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RUPEE IN LAHORE: The Pak rupee appreciated on buying side while it stayed unchanged on selling side in relation to the US dollar in the local currency market on Monday.
According to currency dealers, the dollar resumed trading on its last closing of Rs 118.50 and Rs 118.70 as its buying and selling rates, respectively. At the close, the dollar depreciated 15 paisas for buying at Rs 118.35. However, it firmly held its opening trend for selling at Rs 118.70, they added.
In addition, the local currency witnessed divergent trend in terms of trading against the pound sterling. The pound was traded for buying and selling at Rs 162.05 and Rs 163.70 as compared to the Saturday's closing trend of Rs 162.80 and Rs 163.40 respectively, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar-rupee parity remained unchanged at the open currency markets of Islamabad and Rawalpindi here on Friday.
The dollar opened at Rs 118.20 (buying) and Rs 118.40 (buying) against same last rate. It closed at Rs 118.20 (buying) and Rs 118.40 (buying).
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