The rupee showed little changes against the dollar on the money market on Wednesday in the process of trading activity, dealers said.
They said the rupee moved cautiously versus the dollar due to availability of dollars.
INTER-BANK MARKET RATES: The rupee was inert in relation to the dollar for buying and selling at Rs 105.35 and Rs 105.37 respectively, they said.
In the third Asian trade, the dollar edged higher on Wednesday, as investors awaited the outcome of the US Federal Reserve's two-day policy meeting later in the session for clues about future tightening.
The dollar index, which tracks the greenback against a basket of six major rivals, added 0.1 percent to 94.598, though it remained shy of Friday's three-month high of 95.150.
The US central bank is expected to leave interest rates unchanged, but investors will be watching for any new indications that the Fed will resume raising rates next month.
The dollar was trading against the Indian rupee at Rs 64.57, the greenback was at 4.232 in terms of the Malaysian ringgit and the US currency was at 6.624 in relation to the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Wednesday: 80.90-80.90 (previous 80.88-80.90).
OPEN MARKET RATES: The rupee shed 10 paisas against the dollar for buying and selling at Rs 107.50 and Rs 107.70 respectively, they said.
While, the rupee was almost unchanged in terms of the euro for buying and selling at Rs 124.75 and Rs 126.05 respectively, they said.
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Open Bid Rs.107.50
Open Offer Rs.107.70
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
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Bid Rate Rs.105.35
Offer Rate Rs.105.37
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RUPEE IN LAHORE: The Pak rupee continued falling trend for another day versus the foreign currencies including the American dollar and British pound in the local currency market on Wednesday.
According to currency dealers, the short supply phenomenon of the US dollar helped its further appreciation at Rs 107.55 and Rs 107.85 for buying and selling, respectively, as compared to the overnight closing trend of Rs 107.50 and Rs 107.75 respectively.
Likewise, the national currency remained under pressure for the third consecutive day against the pound sterling. The pound's buying and selling rates further improved from Tuesday's closing of Rs 141.30 and Rs 142.00 to Rs 142.20 and Rs 143.20, respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Wednesday.
The dollar opened at Rs 106.70 (buying) and Rs 107 (selling) against same last rate. It closed at Rs 106.70 (buying) and Rs 107 (selling).
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