Dollars' purchasing for oil payments pushed the rupee down on the currency market on Thursday, money experts said. The rupee fell by 28 paisa against dollar for buying at 90.25 and came down by 30 paisa for selling at 90.30, they said.
INTERBANK MARKET: OPEN MARKET RATES: The rupee adopted the same pattern versus the greenback, shedding 50 paisa for buying and selling at 91.20 and 91.50, they said.
The rupee was almost unchanged against euro for buying and selling at Rs 115.21 and Rs 115.82, they said. In the fourth Asian trade euro struggled higher in Asia, moving away from a fresh 16-month low hit overnight, but its gains were capped ahead of a bond sale by Spain that is seen as a test of confidence in Europe's ability to meet its funding needs.
The single currency edged up 0.1 percent to $1.2714, after earlier bouncing off support at $1.2700, ahead of an option barrier at $1.2650 and another said to lie at $1.2590. The euro fell as low as $1.26615 on trading platform EBS in New York on Wednesday. Resistance is seen at the overnight high around $1.2790.
Inter bank buy/sell rates for taka against dollar on Thursday: 83.40-83.65 (previous 83.10-83.38). Call Money Rates: 20.00 percent (previous 12.00-20.00 percent). The yuan edged down slightly on Thursday, as a stronger dollar elicited a weaker mid-point from the central bank, adds Reuters.
========================
Buying Rs 91.20
Selling Rs 91.50
========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
========================
Open Buying Rs 90.25
Open Selling Rs 90.30
========================
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.90 11.90 11.90 11.95 11.91
1-Week 11.65 11.85 11.80 11.90 11.80
2-Week 11.65 11.80 11.75 11.85 11.76
1-Month 11.60 11.75 11.75 11.80 11.73
2-Months 11.65 11.75 11.75 11.85 11.75
3-Months 11.65 11.75 11.75 11.85 11.75
4-Months 11.65 11.75 11.75 11.85 11.75
5-Months 11.70 11.80 11.80 11.85 11.79
6-Months 11.70 11.80 11.80 11.85 11.79
9-Months 11.70 11.85 11.85 11.90 11.83
1-Year 11.70 11.85 11.85 11.90 11.83
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.90 11.90 11.90 11.95 11.91
1-Week 11.70 11.90 11.90 11.95 11.86
2-Week 11.75 11.90 11.90 12.00 11.89
1-Month 11.75 11.90 11.85 11.95 11.86
2-Months 11.75 11.85 11.80 11.90 11.83
3-Months 11.70 11.85 11.85 11.90 11.83
4-Months 11.70 11.85 11.85 11.90 11.83
5-Months 11.80 11.90 11.90 12.00 11.90
6-Months 11.80 11.90 11.90 12.00 11.90
9-Months 11.85 12.00 12.00 12.10 11.99
1-Year 11.90 12.00 12.10 12.15 12.04
=================================================================
RUPEE IN LAHORE: The Pak rupee failed to maintain upward slide and was declined by 50-paisa in relation to the greenback in the local currency market on Thursday.
According to the currency dealers, the dollar witnessed fresh demand that helped its appreciation in the open market. The dollar kept on moving up throughout the day and was ended at Rs 91.50 and Rs 92.00, as its buying and selling rates against the overnight closing of Rs 91.00 and Rs 91.50, respectively. However, the rupee remained unchanged on buying side while it lost 20-paisa on selling side in relation to the pound sterling. The pound was traded at Rs 140.00 and Rs 141.00 on buying and selling side, as compared to Wednesday closing of Rs 140.00 and Rs 140.80, respectively, dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar-rupee parity remained unchanged at the open currency markets of Islamabad and Rawalpindi here on Thursday.
The dollar opened at Rs 89.00 (buying) and Rs 89.20 (selling) against the last rate. It did not observe further change in the second session and closed at Rs 89.00 (buying) and Rs 89.20 (selling).
Pound Sterling opened at Rs 138.00 (buying) and Rs 138.90 (selling) against the last rate. It did not observe further change in the evening session and closed at Rs 138.00 (buying) and Rs 138.90 (selling).
Comments
Comments are closed.