Little changes were seen on the currency market on Friday as the rupee moved slight versus the dollar amid tight supply of greenback, dealers said. The rupee did not show any change in relation to the greenback for buying at 90.7, while it inched down by one paisa for selling at 90.74, they said.
INTERBANK MARKET: OPEN MARKET RATES: The rupee continued its decline versus the dollar, losing five paisa for buying and selling at 91.15 and 91.35, they said. While the rupee firmly held its overnight levels against the euro for buying and selling at Rs 119.3 and Rs 120.3, they said.
In the final Asian trade, the yen hovered close to its lowest levels in 10 days against the dollar and was set to stay under pressure on expectations of more easing by the Bank of Japan (BoP) next week. The greenback stood at 81.5 yen, having hit a 1-1/2 week high of 81.74 the day before, bringing its April 10 peak of 81.87 into focus. The euro climbed to 107.13, staging a strong comeback from Monday's trough of 104.63.
The dollar was trading against the Indian rupee at Rs 52.04, the greenback was available in terms of the Malaysian ringgit at 3.068 per unit and the US currency was at 6.3084 in terms of the Chinese yuan.
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Open Buying Rs 90.70
Open Selling Rs 90.74
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Friday.
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Buying Rs 91.15
Selling Rs 91.35
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RUPEE IN LAHORE: The rupee lost stability and was declined by 10-paisa against the greenback in the local currency market on Friday.
According to the currency dealers, the dollar witnessed fresh demand that helped its appreciation in the open market. The dollar was ended higher at Rs 91.3 and Rs 91.45 as its buying and selling rate against Rs 91.2 and Rs 91.35 of Thursday, respectively, dealers said.
Similarly, the rupee remained under pressure and was declined against the British pound. The pound was purchased and sold at Rs 146 and Rs 146.7 as compared to overnight closing of Rs 145.2 and Rs 145.8, respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Friday.
The dollar resumed trading at Rs 91 (buying) and Rs 91.2 (selling) against the same previous rate. It did not observe any further change in the second session and closed at Rs 91 (buying) and Rs 91.2 (selling).
Pound Sterling opened at Rs 142 (buying) and Rs 142.5 (selling) against same previous rate. It did not observe further change in the second session and closed at Rs 142 (buying) and Rs 142.5 (selling).
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