The rupee depicted marginal changes against the dollar on the money market on Monday in the process of trading activity, dealers said.
INTER-BANK MARKET RATES: The rupee showed slight fall in relation to the dollar for buying and selling at Rs 156.10 and Rs 156.15 respectively, they said.
OPEN MARKET RATES: The rupee did not show any change versus the dollar for buying and selling at Rs 155.80 and Rs 156.30 respectively, while the rupee recovered 50 paisas in terms of the euro for buying and selling at Rs 171.00 and Rs 173.00, they added.
In the first Asian trade, the safe-haven Japanese yen fell against most major currencies on Monday, with investors' appetite for riskier assets improving after talks in Washington between US and Chinese trade deputies were described as "productive".
The currency was sold in favour of the euro and greenback, but trade-exposed currencies, such as the Australian and New Zealand dollars rose further, with the Aussie heading toward its best day against the yen in two weeks with a 0.4% gain.
However, volumes were dampened by a public holiday in Japan and by the anticipation that central banks on both sides of the Tasman Sea will sound dovish in scheduled remarks this week.
Investors are also looking to September flash manufacturers surveys in Europe and the United States, due later on Monday, for the latest insight into the health of the global economy, with weak readings a risk to delicate global sentiment.
The dollar was trading against the Indian rupee at Rs 70.930, the greenback was at 4.165 in terms of the Malaysian ringgit and the US currency was available at 7.114 versus the Chinese yuan.
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Open Bid Rs.155.80
Open Offer Rs.156.30
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.156.10
Offer Rate Rs.156.15
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RUPEE IN LAHORE: The Pak rupee witnessed divergent trend in process of trading against the greenback and the British pound in the local currency market on Monday.
Following fluctuating demand and supply situation in the market, the greenback moved both ways and ended for buying and selling at Rs 156.00 and Rs 156.40 against the previous closing rate of Rs 155.90 and Rs 156.50 respectively, local currency dealers said.
Similarly, the rupee also followed the suit in relation to the pound sterling which was bought and sold at Rs 193.30 and Rs 194.70 against the Saturday's closing trend of Rs 193.15 and Rs 194.80 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 Monday.
The dollar opened at Rs 156.60(buying) and Rs 156.70(selling) against same last rate.
It closed at Rs 156.60(buying) and Rs 156.70(selling).
The buying and selling rates of one tola of gold were Rs. 86,500 (selling) and Rs 86,000(buying) in the local Sarafa (gold) markets of Islamabad and Rawalpindi.
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