Value of the rupee versus the dollar moved both ways on the money market on Monday in process of trading, currency experts said. The rupee fell against the dollar, losing eight-paisa for buying at 95.54 while the national currency held the week-end level for selling at 95.58, they said.
INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee managed to recover five-paisa in terms of the dollar for buying and selling at 95.40 and 95.60, they said. The rupee also gained 60-paisa versus the euro for buying at Rs 123 and Rs 124, they added.
In the first Asian trade, the dollar eased against the yen, backing off from a two-week high hit late last week after a surprise drop in the US unemployment rate soothed investor concerns about the US economy's outlook. The dollar fell 0.1 percent to 78.58 yen, down from Friday's high of 78.88 yen hit on trading platform EBS, the US currency's strongest level since September 9. Inter bank buy/sell rates for the taka against the dollar on Monday: 81.32-81.35 (previous 81.37-81.49). Call Money Rates: 08.00-08.50 percent (previous 04.00-09.50 percent). The dollar was trading against the Indian rupee at Rs 52.13, the greenback was at 3.0665 in terms of the Malaysian ringgit and the US currency was at 6.2858 in relation to the Chinese yuan.
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Open Buying Rs.95.40
Open Selling Rs.95.60
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.95.54
Offer Rate Rs.95.58
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RUPEE IN LAHORE: The Pak rupee showed stability and remained unchanged on buying side while it was declined by 10-paisa on selling side against the US dollar on the local currency market on Monday.
According to currency dealers, the dollar resumed trading at its last Saturday closing of Rs 95.2 and Rs 95.4 as its buying and selling rates, respectively. The dollar witnessed fresh demand that helped its improvement on selling side. At the end of trading, the dollar was closed at Rs 95.2 and Rs 95.5 on buying and selling sides, respectively, the dealers said.
However, rupee regained some of its earlier loss and was improved against the pound sterling. The pound's buying and selling rates were slide down from previous closing of Rs 153.4 and Rs 154 to Rs 152.5 and Rs 153.5, respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar showed an improvement of 50-paisa against the rupee on the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 95 (buying) and Rs 95.6 (selling) against last rate of Rs 94.5 (buying) and Rs 94.6 (selling). It did not observe further change in the evening session and closed at Rs 95 (buying) and Rs 95.6 (selling).
Pound Sterling opened at Rs 151.9 (buying) and Rs 153 (selling) against last rate of Rs 150 (buying) and Rs 150.1 (selling) against same previous rate. It did not observe further change in the evening session and closed at Rs 151.9 (buying) and Rs 153 (selling).
The buying and selling rates of Euro remained Rs 122.4 and Rs 123.6 respectively in both morning and evening sessions.
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