The rupee moved both ways against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee rose by three paisas versus the dollar for buying and selling at Rs 104.81 and Rs 104.82 respectively, they said.
INTERBANK MARKET RATES: In the second Asian trade, the dollar edged lower as the final days of the contentious US presidential campaign overshadowed other major market events, as investors weighed the latest concerns about an FBI investigation into Hillary Clinton's use of a private email server.
Clinton held a five percentage point lead over Republican rival Donald Trump, according to a Reuters/Ipsos opinion poll released on Monday, down only slightly since the FBI said last week it was reviewing new emails in its investigation of the former secretary of state ahead of the November 8 election. The dollar was trading against the Indian rupee at Rs 66.79, the greenback was at 4.1900 versus the Malaysian ringgit, and the US currency at 6.7712 in relation to the Chinese yuan.
OPEN MARKET RATES: The rupee held the overnight level in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, while it shed 30 paisas in relation to the euro for buying and selling at Rs 116.30 Rs 117.80 respectively, they said.
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Open Bid Rs.105.90
Open Offer Rs.106.10
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.
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Bid Rate Rs.104.81
Offer Rate Rs.104.82
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RUPEE IN LAHORE: The Pak rupee recovered by 10-paisa on buying side while remained unchanged on selling side against the US dollar in the local currency market here on Tuesday.
According to the currency dealers, the US dollar resumed trading against its previous day's closing of Rs 106.10 and Rs 106.30 as its buying and selling rates, respectively.
Due to the selling pressure, the dollar ended lower at Rs 106.00 on the buying counter. However, its selling rate continued to prevail till close of trading on the selling counter, the dealers added.
Meanwhile, the rupee lost its worth versus the British pound in the local market. The pound's buying and selling rates went up from the Monday's closing of Rs 128.50 and Rs 129.30 to Rs 129.00 and Rs 129.70, respectively, the dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The value of rupee against the dollar remained unchanged at local currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 105 (buying) and Rs 105.10 (selling) against same last rate. It did not observe further change in evening session and closed at Rs 105 (buying) and Rs 105.10 (selling). Pound Sterling opened at Rs 132 (buying) and Rs 133 (selling). It did not observe further change in the second session and closed at Rs 132 (buying) and Rs 133 (selling).
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