The rupee moved cautiously against the dollar on the interbank market on Thursday, dealers said. The rupee fell marginally in relation to the dollar for buying and selling at Rs 98.21 and Rs 98.23, they added.
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee was unchanged in relation to the dollar for buying and selling at Rs 99.00 and Rs 99.25, they said. The rupee also maintained its present trend versus the euro for buying and selling at Rs 128.25 and Rs 128.50, they added.
In the fourth Asian trade, the yen edged higher versus the dollar on Thursday but its gains were limited as the market waited for clues on how aggressively the Bank of Japan will ease monetary policy under its new leadership. New BOJ Governor Haruhiko Kuroda and new Deputy Governors Kikuo Iwata and Hiroshi Nakaso are scheduled to hold a news conference from 0900 GMT on Thursday.
The dollar was trading against the Indian rupee at Rs 54.28, the greenback was at 3.1190 in terms of the Malaysian ringgit and the US currency was available at 6.2128 in relation to the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Thursday: 78.32-78.35 (78.40-78.41) Call Money Rates: 07.00-07.50 percent (previous 06.25-07.75 percent.
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Open Bid Rs 99.00
Open Offer Rs 99.25
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Bid Rate Rs 98.21
Offer Rate Rs.98.23
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RUPEE IN LAHORE: The Pak rupee failed to maintain rising trend and against the US dollar and pound sterling on the local currency market on Thursday.
According to the currency dealers, the dollar resumed trading on a healthy sign and kept on moving up following fresh buying. At the end of trading, the dollar was closed higher at Rs 99.20 and Rs 99.35 as its buying and selling rates against Rs 99.00 and Rs 99.20 of Wednesday, respectively. Similarly, the rupee continued downward move for another day and was depreciated against the pound sterling. The pound was purchased and sold at Rs 149.70 and Rs 150.30 as compared to last day closing of Rs 149.50 and Rs 150.00, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee showed a recovery of 60 paisa against dollar on the open currency markets of Islamabad and Rawalpindi on Thursday. The dollar opened at Rs 99.20 (buying) and Rs 99.30 (selling) against last rate of Rs 99.80 (buying) and Rs 99.90 (selling). It closed on same period of Rs 99.20 (buying) and Rs 99.30 (selling) by the end of second session. Pound Sterling opened at Rs 154 (buying) and Rs 155 (selling) against same last rate. It closed at the same rate without further change in the evening session.
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