AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Bearish trend continued in the interbank market on Tuesday as the rupee dropped by 12 paisa against dollar, currency analysts said. As a result of the rising demand by the importers, dollar maintained its upward trend and it is expected that, if the supply position not eased, the rupee may face further devaluation, they said.
In the second session of the week, dollar steadied above record lows against euro and a basket of currencies after euro zone officials expressed concerns about the sharp rise of the single European currency. The euro's rise to a record high against dollar prompted verbal intervention by euro zone finance ministers as well as European Central Bank President Jean-Claude Trichet on Monday.
OPEN MARKET RATES: The rupee failed to resist slide against dollar for buying and selling at 62.85 and 62.95 due to rising demand for dollars by the interbank market, dealers said. The rupee also shed the same amount in relation to euro for buying and selling at Rs 94.90 and Rs 95.00, dealers said. The euro has managed to retain its gain versus the rupee as it is making sharp gains versus dollar in the international markets, dealers said.



================================
Open Buying Rs 62.85
Open Selling Rs 62.95
================================

INTERBANK CLOSING RATES: Interbank closing rates for dollar on Tuesday.



==============================
Buying Rs 62.82
Selling Rs 62.85
==============================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 8.50 10.40 9.00 10.40 9.58
1-Week 9.20 9.40 9.40 9.60 9.40
2-Weeks 9.30 9.50 9.45 9.60 9.46
1-Month 9.35 9.60 9.45 9.65 9.51
2-Months 9.45 9.50 9.50 9.60 9.51
3-Months 9.45 9.55 9.55 9.75 9.58
4-Months 9.50 9.65 9.65 9.75 9.64
5-Months 9.50 9.75 9.65 9.80 9.68
6-Months 9.55 9.75 9.70 9.90 9.73
9-Months 9.60 9.80 9.70 9.90 9.75
1-Year 9.65 9.80 9.75 9.90 9.78
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.00 10.40 9.25 10.45 9.78
1-Week 9.40 9.75 9.60 10.00 9.69
2-Weeks 9.50 10.00 10.00 10.25 9.94
1-Month 9.75 10.25 10.00 10.40 10.10
2-Months 9.75 10.25 10.00 10.50 10.13
3-Months 9.75 10.30 10.00 10.50 10.14
4-Months 9.75 10.35 10.00 10.50 10.15
5-Months 9.90 10.40 10.20 10.50 10.25
6-Months 10.00 10.40 10.25 10.50 10.29
9-Months 10.00 10.50 10.25 10.60 10.34
1-Year 10.10 10.50 10.30 10.60 10.38
=================================================================

RUPEE IN LAHORE: The rupee slipped against dollar but marginally improved against the British pound in Lahore currency markets on Tuesday. The dollar was traded at Rs 62.75 and Rs 62.85 on buying and selling sides, respectively, against Monday's closing rates of Rs 62.70 and Rs 62.80.
The British pound was purchased and sold at Rs 123.90 and Rs 124.40 as compared to overnight closing rates of Rs 124.00 and Rs 124.50 respectively.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar surged by 35 paisa against rupee at the currency markets of Islamabad and Rawalpindi on Tuesday. The dollar opened at Rs 62.75 (buying) and Rs 62.85 (selling) against last rate of Rs 62.40 (buying) and Rs 62.50 (selling). It did not observe any change in the evening session and closed at Rs 62.75 (buying) and Rs 62.85 (selling).
Pound sterling opened at Rs 124 (buying) and Rs 124.50 (selling) against last rate of Rs 123 (buying) and Rs 123.25 (selling). It did not observe further change in the second session and closed at Rs 124 (buying) and Rs 124.50 (selling).
Copyright Business Recorder, 2008

Comments

Comments are closed.