Firmness prevailed on the money market on Thursday in the process of trading, dealers said. The rupee recovered six-paisa in relation to the dollar for buying at 94.54 and it gained seven-paisa on the selling counter at 94.58, they said.
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee maintained overnight level against the dollar for buying and selling at 94.65 and 94.85, they said. The rupee also retained its levels in terms of the euro for buying and selling at Rs 120.40 and Rs 121.40.
In the fourth Asian trade, the euro held near a four-month high after Germany's Constitutional Court gave the green light for Berlin to ratify the euro zone's permanent rescue fund, looking to extend gains further on possible stimulus from the US Federal Reserve.
Interbank buy/sell rates for the taka against the dollar on Thursday: 81.8650-81.8700 (previous 81.84-81.85). Call Money Rates: 09.75-10.00 percent (previous 05.50-11.25 percent). The dollar was trading against the Indian rupee at Rs 55.44, the greenback was at 3.0840 in terms of the Malaysian ringgit and the US currency was available at 6.331 in relation to the Chinese yuan.
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Bid Rate Rs.94.54
Offer Rate Rs.94.58
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Open Buying Rs.94.65
Open Selling Rs.94.85
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RUPEE IN LAHORE: The Pak rupee-dollar parity remained unchanged amid sluggish trading trend on the local currency market on Thursday.
According to the moneychangers, there was no change in the dollar's demand and supply situation that helped rupee stability on the open market. The dollar was traded at its overnight closing of Rs 94.75 and Rs 95.00 as its buying and selling rates, respectively.
However, the rupee lost 30-paisa on buying side while it remained unchanged on selling side in relation to the pound sterling. The pound was traded at Rs 151.80 and Rs 152.50 on buying and selling counters against the last day closing of Rs 151.50 and Rs 152.50, respectively, the moneychangers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged on the open currency markets of Islamabad and Rawalpindi here on Thursday.
The dollar opened at Rs 94.2 (buying) and Rs 94.3 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 94.2 (buying) and Rs 94.3 (selling). Pound Sterling opened at Rs 146 (buying) and Rs 146.5 (selling) against same previous rate. It did not observe further change in the evening session and closed at Rs 146 (buying) and Rs 146.5 (selling).
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