In the absence of major demand, the rupee almost held the overnight levels against the dollar and euro on the currency market on Thursday, dealers said. The rupee drifted lower in relation the dollar, falling three-paisa for buying at 95.40 and inched down by one-paisa for selling at 95.45, they said.
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee shed five-paisa against the dollar for buying and selling at 95.30 and 95.50, they said. While, the rupee did not show any change against the euro for buying at Rs 124 and Rs 125, they added.
In the euro held near a one-month high against the dollar as a fall in Spanish bond yields, strong US housing data and hopes for year-end rebound in China boosted optimism on the global economy. Rising risk sentiment and a subsequent jump in US bond yields also helped to push the dollar to a one-month high against the yen, which has been also under pressure from expectations the Bank of Japan will make new stimulus moves. The dollar was trading against the Indian rupee at Rs 52.94, the US currency was available at 3.0330 in terms of the Malaysian ringgit and the greenback was at Rs 6.2555 against the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Thursday: 81.22-81.23 (previous 81.23-81.23). Call Money Rates: 10.00-10.00 percent (previous 06.25-10.00 percent).
========================
Open Buying Rs 95.30
Open Selling Rs.95.50
========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
========================
Bid Rate Rs.95.43
Offer Rate Rs.95.45
========================
RUPEE IN LAHORE: The Pak rupee failed to maintain rising trend and was declined by 15-paisa on buying side and 30-paisa on selling side against the US dollar on the local currency market on Thursday. According to the currency dealers, the dollar was opened on a healthy sign and kept on moving up throughout the day. At the end of trading, the dollar was closed at Rs 95.35 and Rs 95.60 as its buying and selling rates against the overnight closing of Rs 95.20 and Rs 95.30, respectively.
The rupee-pound sterling parity remained unchanged amid low trading activity on the open market. The pound was traded at Wednesday closing of Rs 152.70 and Rs 153.30 on buying and selling counters, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged on the open currency markets of Islamabad and Rawalpindi on Thursday. The dollar opened at Rs 95 (buying) and Rs 95.60 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 95 (buying) and Rs 95.60 (selling).
Pound Sterling opened at Rs 151.90 (buying) and Rs 153 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 151.90 (buying) and Rs 153 (selling). The buying and selling rates of Euro remained Rs 122.40 and Rs 123.60respectively in both morning and evening sessions.
Comments
Comments are closed.