The rupee did not show any change against dollar in the interbank market on Thursday for buying at Rs 60.38 and selling at Rs 60.39, dealers said. The rupee maintained its overnight level against dollar despite higher demand by the importers, they said.
In the world markets, yen held off three-month highs in respect of dollar and euro on Thursday, a day after the Japanese currency's gains were wiped out as US stocks and credit markets settled from a big shake-out this week.
The sell-off in equities and corporate bonds has spurred a rush among market players to reverse risky carry trades -- selling the low-yielding yen to fund purchases of higher-yielding currencies like the Australian and New Zealand dollars.
OPEN MARKET RATES: The rupee picked up five paisa for buying at Rs 60.90 versus dollar and it did not show any change for selling at Rs 61.00, they said. The rupee maintained its rising trend against euro, gaining 40 paisa for buying and selling at Rs 82.90 and Rs 82.99, they said.
================================
KERB BUYING Rs 60.90
KERB SELLING Rs 61.00
================================
INTERBANK CLOSING RATES: Interbank closing rates for dollar on Thursday.
==============================
Buying Rs 60.38
Selling Rs 60.39
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 2.50 8.75 3.00 9.00 5.81
1-Week 8.40 8.75 8.70 9.00 8.71
2-Weeks 8.75 9.00 8.90 9.10 8.94
1-Month 8.80 9.10 9.10 9.25 9.06
2-Months 8.90 9.25 9.20 9.35 9.18
3-Months 9.00 9.25 9.25 9.40 9.23
4-Months 9.10 9.35 9.25 9.50 9.30
5-Months 9.15 9.50 9.30 9.60 9.39
6-Months 9.20 9.60 9.35 9.70 9.46
9-Months 9.25 9.60 9.40 9.70 9.49
1-Year 9.30 9.65 9.40 9.75 9.53
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 3.00 8.90 3.50 9.10 6.13
1-Week 8.75 9.25 9.10 9.50 9.15
2-Weeks 9.00 9.50 9.25 9.60 9.34
1-Month 9.25 9.50 9.40 9.75 9.48
2-Months 9.40 9.75 9.50 10.00 9.66
3-Months 9.40 9.90 9.90 10.10 9.83
4-Months 9.60 10.00 9.75 10.20 9.89
5-Months 9.65 10.00 9.75 10.25 9.91
6-Months 9.75 10.00 10.00 10.25 10.00
9-Months 10.00 10.25 10.25 10.50 10.25
1-Year 10.00 10.50 10.25 10.75 10.38
=================================================================
RUPEE IN LAHORE: The rupee-dollar parity has stayed on unchanged for the third consecutive day amid a sluggish trading trend in the local currency markets on Thursday.
The dollar resumed trading at overnight closing level of Rs 60.90 and Rs 61.00 as its buying and selling rates. The dollar witnessed a fractional change of one-two paisa in its value in the day's trading but finally closed at the opening level.
The rupee has failed to go up and slid down against the pound sterling. The pound's buying rate improved from Wednesday, closing of Rs 112.85 to Rs 123.10 while its selling rate moved up from Rs 123.20 to Rs 123.50.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged at the open currency markets of Islamabad and Rawalpindi on Thursday.
The dollar opened at Rs 60.90 (buying) and Rs 61 (selling) against the previous rate. It did not observe any change in the last trading hours and closed at Rs 60.90 (buying) and Rs 61 (selling).
Pound Sterling opened at Rs 123.30 (buying) and Rs 123.70 (selling) against the previous rate. It did not observe any change in the evening session and closed at Rs 123.30 (buying) and Rs 123.70 (selling).
Comments
Comments are closed.