A kind of firmness prevailed on the money market on Tuesday as the rupee did not show any change against the dollar in the process of trading activity, dealers said.
INTER-BANK MARKET RATES: The rupee was unchanged in relation to the dollar for buying and selling at Rs 121.54 and Rs 121.55, they added.
OPEN MARKET RATES: The rupee showed no change in terms of the dollar for buying and selling at Rs 123.80 and Rs 124.30, while it gained 50 paisas versus the euro for buying and selling at Rs 144.50 and Rs 146.50, they said.
In the second Asian trade, the British pound was frail on Tuesday after the departure of two key eurosceptic ministers raised worries about a "hard Brexit" while the yen retreated against the dollar as investors bid up riskier assets.
Sterling stood at $1.3248, having fallen to as low as $1.3189 on Monday, after Prime Minister Theresa May's foreign minister and Brexit negotiator quit in protest at her plans to keep close trade ties with the European Union.
Against the euro, the pound hit a four-month low of 89.025 pence per euro on Monday, and last stood at 88.68.
The dollar's index against a basket of six major currencies, fell to as low as 93.711 on Monday, its lowest since mid-June, and last stood at 94.098.
The dollar was trading against the Indian rupee at Rs 68.790, the greenback was at 4.009 in terms of the Malaysian ringgit and the US currency was at 6.605 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Tuesday: 83.75-83.75 (Previous 83.75-83.75).
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Open Bid Rs.123.80
Open Offer Rs.124.30
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.
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Bid Rate Rs.121.54
Offer Rate Rs.121.55
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RUPEE IN LAHORE: The Pak rupee witnessed divergent trend in terms of trading against the major foreign currencies including the greenback and British pound in the local currency market on Tuesday.
According to currency dealers, the greenback resumed trading on its overnight closing of Rs 122.50 and Rs 124.50 as its buying and selling rates, respectively.
Following fluctuating trend of buyers, the greenback ended for buying and selling at Rs 123.00 and Rs 124.30 respectively, they added.
Likewise, the national currency also followed the same suit versus the pound sterling which was bought and sold at Rs 162.20 and Rs 163.20 against Rs 162.00 and Rs 164.50 of Monday, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee at the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 124.20 (buying) and Rs 124.30 (selling) against same last rate. It closed at Rs 124.20 (buying) and Rs 124.30 (selling).
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