The rupee gave up firmness against the dollar and euro on the currency market on Monday in process of trading, dealers said. There were some demands which pushed dollar higher slightly, they said. The rupee drifter lower versus the greenback, shedding seven paisa for buying and selling at 90.62 and 90.64, they said.
INTERBANK MARKET: OPEN MARKET RATES: Same trend was seen in the open market as the rupee was down by 10 paisa against dollar for buying and selling at 91.10 and 91.30, they said.
The rupee followed same patterns in terms of euro, losing same amount for buying and selling at Rs 118.80 and Rs 119.80, they added. In the first Asian trade dollar hit a one-month low versus yen, extending losses after last week's lower-than-expected US jobs figures bolstered views the Federal Reserve could yet adopt more monetary easing to support the economy. US job growth slowed to 120,000 jobs last month, the Labour Department said on Friday, the smallest increase since October.
The dollar was trading against the Indian rupee at Rs 51.24, versus the Malaysian ringgit the greenback was at 3.0710 and the US currency was available at 6.3071 in terms of the Chinese yuan. Interbank buy/sell rates for taka against dollar on Monday: 81.79-81.83 (previous 81.83-81.83). Call Money Rates: 07.50-14.50 percent (previous 12.00-14.50 percent.
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Open Buying Rs 91.10
Open Selling Rs.91.30
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Buying Rs.90.62
Selling Rs.90.64
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RUPEE IN LAHORE: The Pak rupee lost five-paisa on buying side while it remained unchanged on selling side against the US dollar in the local currency market on Monday. According to the currency dealers, the dollar resumed trading at its last Saturday closing of Rs 91.10 and Rs 91.35 as its buying and selling rate, respectively. There was no visible change in the dollar's rate during the day's trading. However, at the end of trading, it was closed at Rs 91.15 and Rs 91.35 on buying and selling side, respectively.
The rupee showed stability on buying side and stayed unchanged while it was marginally declined by five-paisa on selling side in relation to British pound. The pound was purchased and sold at Rs 143.50 and Rs 144.35 as compared to previous closing of Rs 143.50 and Rs 144.30, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged at the open currency markets of Islamabad and Rawalpindi here on Monday. The dollar opened at Rs 91 (buying) and Rs Rs 91.20 (selling) against same previous rate. It did not observe any further change in the second session and closed at Rs 91 (buying) and Rs 91.20 (selling). Pound Sterling opened at Rs 142 (buying) and Rs 142.50 (selling) against same previous rate. It did not observe further change in the evening session and closed at Rs 142 (buying) and Rs 142.50 (selling).
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