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The rupee did not move any side against the dollar on the open market on Tuesday in the process of trading activity, dealers said. OPEN MARKET RATES: The rupee was unchanged in terms of the dollar for buying and selling at Rs 138.50 and Rs 139.00 respectively, they said. The rupee was trading versus the euro at the overnight levels for buying and selling at Rs 158.00 and Rs 159.80 respectively, they said.
On the second Asian trade, there is no Asia emerging markets currencies report on Tuesday, Jan 1, as most Asian currency markets remained closed for a New Year holiday.



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Open Bid Rs.138.50
Open Offer Rs.139.00
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RUPEE IN LAHORE: The Pak rupee depreciated its worth in process of trading against the greenback on the local currency market on Tuesday.
According to currency dealers, the short supply phenomenon of the greenback prevailed throughout the trading session which helped its appreciation for buying and selling at Rs 138.40 and Rs 139.50 against the overnight closing trend of Rs 138.00 and Rs 139.20 respectively.
Moreover, the rupee-pound sterling parity stayed unchanged amidst sluggish trend in the currency market. Consequently, the pound did not observe any change in its demand and supply situation and firmly sustained its opening rate for buying and selling at Rs 174.50 and Rs 176.00 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee gained Rs 95 paisa against the dollar at the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 138.55 (buying) and Rs 138.65(selling) against last rate of Rs 139.50(buying) and Rs 139.60(selling). It closed at Rs 138.55 (buying) and Rs 138.65(selling).
The buying and selling rates of one tola of gold was Rs 67,200(selling) and Rs 67,000(buying) in the local Sarafa (gold) markets of Rawalpindi and Islamabad.
Copyright Business Recorder, 2019

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