Firmness prevailed on the currency market on Monday as the rupee managed to hold its weekend levels against dollar, marketmen said. On the interbank market the rupee shed one paisa against dollar for buying at 80.40 and fell by two paisa for selling at 80.45, they added.
In the first Asian trade yen fell broadly following news that North Korea conducted a nuclear test and a report that it had fired a short-range missile, with traders saying its fall was exaggerated by position unwinding. The yen showed little initial reaction to news that North Korea had conducted a nuclear test on Monday, but yen-selling later gained steam after South Korea's Yonhap news said North Korea had fired a short-range missile.
OPEN MARKET RATES: The rupee was steady in relation to dollar for buying and selling at 80.60 and 80.80, they said. The rupee also gained 35 paisa in terms of euro for buying at Rs 111.50 and posted fresh gain of 50 paisa for selling at Rs 112.50, they said.
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Open Buying Rs 80.60
Open Selling Rs 80.80
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Interbank Closing Rates: Interbank Closing Rates For Dollar On Saturday.
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Buying Rs 80.40
Selling Rs 80.45
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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 10.00 12.50 10.50 13.00 11.50
1-Week 11.75 12.25 12.25 12.75 12.25
2-Week 12.50 12.80 12.90 13.00 12.80
1-Month 12.60 12.90 12.90 13.05 12.86
2-Months 12.65 13.10 13.00 13.25 13.00
3-Months 12.65 13.15 13.00 13.30 13.03
4-Months 12.65 13.10 13.10 13.30 13.04
5-Months 12.75 13.15 13.10 13.30 13.08
6-Months 12.75 13.20 13.20 13.35 13.13
9-Months 12.90 13.25 13.25 13.40 13.20
1-Year 13.00 13.30 13.25 13.45 13.25
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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 11.00 12.75 11.50 13.25 12.13
1-Week 12.75 13.15 13.00 13.50 13.10
2-Week 12.90 13.25 13.10 13.40 13.16
1-Month 13.10 13.50 13.50 13.65 13.44
2-Months 13.25 13.75 13.50 13.90 13.60
3-Months 13.25 13.75 13.50 13.90 13.60
4-Months 13.25 13.75 13.50 13.85 13.59
5-Months 13.30 13.75 13.50 13.85 13.60
6-Months 13.35 13.75 13.50 13.80 13.60
9-Months 13.40 13.75 13.50 13.80 13.61
1-Year 13.40 13.75 13.50 13.90 13.64
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RUPEE IN LAHORE: The rupee-dollar parity remained unchanged amid sluggish trading at Lahore currency market on Monday. The dollar resumed trading at overnight Rs 80.70 and Rs 80.90 on buying and selling sides, respectively. The dollar witnessed fractional change in dollar's value during the day but finally closed at the opening levels. Similarly, the rupee showed stability and stayed unchanged against pound sterling. The pound was purchased and sold at previous week closing level of Rs 127.00 and Rs 128.00 as its buying and selling rates, respectively, moneychangers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi on Monday The dollar opened at Rs 80.70 (buying) and Rs 80.80 (selling) against same last rate. It did not show any change in the evening session and closed at Rs 80.70 (buying) and Rs 80.80 (selling). Pound Sterling opened at Rs 124 (buying) and Rs 125 (selling) against same overnight value. It did not observe further change in the second session and closed at Rs 124 (buying) and Rs 125 (selling).
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