The rupee moved both ways on the currency market on Monday in process of trading, dealers said. The rupee shed three paisa against dollar for buying at 85.68 and came down with a slight loss of two paisa for selling at 85.72, they said.
INTERBANK MARKET RATES: On the first Asian trade euro steadied against dollar as moves to exit riskier positions tapered off, although market players remained wary of the risk that unrest in Egypt could spread across the Middle East. The Australian dollar also pared its earlier losses, supported by renewed gains in commodities.
However, as street protests in Cairo showed no sign of abating, investors remain worried that political upheaval could hit other Arab countries, potentially disrupting oil production and heightening diplomatic tensions in the region.
Interbank buy/sell rates for taka against the dollar on Monday: 71.15/71.15 (previous 71.15/71.15) Call Money Rates: 3.75-5.75 percent (previous 4.00-6.25 percent. China's yuan closed lower versus dollar on Monday and finished the month of January with a fall as activity thinned ahead of the week-long Lunar New Year holiday that begins on Wednesday.
Indian rupee was trading at Rs 45.76 versus dollar, Malaysian Ringgit was available at 3.0600 in terms of the greenback and Chinese yuan was at 6.592 in relation to the US currency.
OPEN MARKET RATES: The rupee rose by five paisa against dollar for buying at 86.00 while it rose by 10 paisa for selling at 86.10, they added. The rupee shed 10 paisa in relation to dollar for buying and selling at Rs 116.90 and Rs 117.40, they said.
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Open Buying Rs 85.68
Open Selling Rs 85.72
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Buying Rs 86.00
Selling Rs 86.10
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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 12.25 13.20 12.50 13.25 12.80
1-Week 11.75 12.95 12.75 13.00 12.61
2-Week 11.80 12.90 12.85 13.00 12.64
1-Month 11.95 12.95 12.95 13.10 12.74
2-Months 12.45 13.25 13.20 13.30 13.05
3-Months 12.95 13.30 13.35 13.45 13.26
4-Months 13.00 13.40 13.40 13.50 13.33
5-Months 13.20 13.50 13.45 13.60 13.44
6-Months 13.35 13.55 13.50 13.60 13.50
9-Months 13.40 13.60 13.60 13.70 13.58
1-Year 13.45 13.65 13.60 13.75 13.61
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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 12.25 13.20 12.50 13.25 12.80
1-Week 12.25 13.10 12.85 13.20 12.85
2-Week 12.30 13.20 12.90 13.30 12.93
1-Month 12.40 13.25 13.10 13.35 13.03
2-Months 12.75 13.35 13.25 13.45 13.20
3-Months 13.00 13.40 13.30 13.50 13.30
4-Months 13.10 13.65 13.45 13.75 13.49
5-Months 13.20 13.70 13.50 13.75 13.54
6-Months 13.30 13.75 13.65 13.90 13.65
9-Months 13.30 13.75 13.70 13.90 13.66
1-Year 13.40 13.80 13.75 13.90 13.71
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RUPEE IN LAHORE: The rupee-dollar parity remained unchanged at Lahore currency market on Monday amid low trading.
According to dealers, dollar was purchased and sold at Saturday's rates of Rs 85.80 and Rs 86.10, respectively.
On the other hand, the rupee remained under pressure against pound sterling, which witnessed appreciation because of decline in its supply, while it remained unchanged on selling side. The pound was traded at Rs 135.50 and Rs 136.50 on buying and selling counters as compared to Saturday's Rs 135.70 and Rs 136.50, respectively, dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar-rupee parity remained unchanged at the currency exchange establishments of Islamabad and Rawalpindi on Monday.
The dollar opened at Rs 85.90 (buying) and Rs 86.10 (selling) against same last rates. It did not observe further change in the evening session and closed at Rs 85.90 (buying) and Rs 86.10 (selling).
Pound sterling opened at Rs 136.30 (buying) and Rs 136.70 (selling) against same previous rates. It did not witness any change in the evening session and closed at Rs 136.30 (buying) and Rs 136.70 (selling).
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