Firmness prevailed on the currency market on Wednesday as the rupee retained its overnight levels in terms of the dollar during the session, dealers said.
INTER-BANK MARKET: The rupee held the overnight levels versus the dollar for buying and selling 90.71 and 90.73, they said.
OPEN MARKET RATES: Incidentally, the rupee followed same pattern versus the dollar for buying and selling at 91.05 and 91.25, they said. While the rupee lost 40 paisa in relation to the euro for buying and selling at Rs 119.00 and Rs 120.00, they said.
In the third Asian trade, the yen fell broadly, extending its slip from a seven-week high against the dollar earlier this week, as a revival in risk appetite saw Wall Street score its biggest gains in a month.
The dollar versus the Indian rupee at Rs 51.59, the greenback was trading in terms of Malaysian ringgit at 3.0650 and the greenback was at 6.3042 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Wednesday. 81.80-81.82 (previous 81.78-81.82). Call Money Rates: 14.50-15.00 percent (previous 08.00-15.00 percent.
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Open Buying Rs 90.71
Open Selling Rs.91.25
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
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Buying Rs 91.05
Selling Rs 91.25
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RUPEE IN LAHORE: The rupee maintained downward trend and further lost 10-paisa against the US dollar in the local currency market on Wednesday.
According to the currency dealers, the dollar resumed trading at its overnight closing of Rs 91.1 and Rs 91.3 as its buying and selling rates. As a result of fresh demand its rate continued to rise and finally ended at Rs 91.20 and Rs 91.40, respectively.
The rupee also remained under pressure and was declined on buying side while it stayed unchanged on selling side against the pound sterling. The pound was traded at Rs 144.5 and Rs 145.5 as compared to Tuesday closing of Rs 144.5 and Rs 144.7, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Wednesday.
The dollar resumed trading 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 second session and closed at Rs 142 (buying) and Rs 142.50 (selling).
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