The rupee managed to recover solid gains versus the euro in the open market on Friday, picking up 85 paisa for buying and selling at 72.50 and 72.80, dealers said.
The local currency was able to recover with its lost ground versus the single European currency on falling euro's demand slightly in the international markets, money experts said.
The rupee sustained its overnight levels versus the dollar for buying and selling at 60.10 and 60.20 in process of trading, they added.
In the international market, the dollar depicted mixed pattern against the leading currency, they said.
INTERBANK RATES: The rupee moved down gradually on rising dollar demand in the market, sliding one paisa for buying and selling at 59.66 and 59.67, respectively.
The rupee-dollar parity rates, seems to be under pressure on increasing demand for the greenback, they said.
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Kerb Buying Rs 60.10
Kerb Selling Rs 60.20
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INTERBANK CLOSING RATES: Interbank closing rates for dollar on Friday.
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Buying Rs 59.66
Selling Rs 59.67
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 8.75 8.90 8.75 8.90 8.83
1-Week 7.75 8.00 8.25 8.50 8.13
2-Week 7.50 7.75 8.00 8.25 7.88
1-Month 7.60 7.75 7.90 8.10 7.84
2-Months 7.65 7.80 7.90 8.00 7.84
3-Months 7.75 7.90 8.00 8.10 7.94
4-Months 7.85 8.00 8.10 8.20 8.04
5-Months 7.90 8.10 8.20 8.30 8.13
6-Months 8.00 8.15 8.25 8.50 8.23
9-Months 8.10 8.20 8.30 8.65 8.31
1-Year 8.25 8.50 8.75 8.90 8.60
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Call Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 8.90 9.00 9.00 9.25 9.04
1-Week 8.00 8.25 8.50 8.75 8.38
2-Week 7.75 8.25 8.50 8.75 8.31
1-Month 7.90 8.10 8.30 8.50 8.20
2-Months 8.20 8.40 8.60 8.80 8.50
3-Months 8.30 9.00 8.75 9.25 8.83
4-Months 8.35 9.00 8.80 9.30 8.86
5-Months 8.40 9.10 8.90 9.35 8.94
6-Months 8.50 9.20 9.25 9.50 9.11
9-Months 8.75 9.35 9.30 9.65 9.26
1-Year 9.00 9.50 9.65 9.90 9.51
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RUPEE IN LAHORE: The Pak rupee depreciated its worth by five-paisa in relation to the greenback in the local currency markets on Friday.
According to the currency dealers, the dollar's trading commenced at Thursday's closing rates of Rs 60.20 and Rs 60.30 on buying and selling counters, respectively. With the increase in dollar's demand, its rate started moving up soon after resumption of trading and finally closed at Rs 60.25 and Rs 60.35 on buying and selling counters, respectively, the dealers added.
Similarly, the local currency remained under pressure and registered loss against the pound sterling. The British pound was purchased at Rs 107.40 and was sold at Rs 107.60 as compared to Rs 107.30 and Rs 107.70 of Thursday, the dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The buying and selling rates of dollar against the rupee remained unchanged at the open currency markets of Islamabad and Rawalpindi on Friday.
The dollar opened at Rs 59.95 (buying) and Rs 60.10 (selling) against same previous rate. It did not observe any further change in the second session and closed at Rs 59.95 (buying) and Rs 60.10 (selling).
Pound sterling opened at Rs 107.50 (buying) Rs 108 (selling) against last rate of Rs 106.35 (buying) and Rs 106.70 (selling). It did not observe any further fluctuation by the end of the second session and closed at Rs 107.50 (buying) Rs 108 (selling).
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