The rupee commenced the week on a soft tone in the interbank on Monday as the rupee lost three paisa in terms of dollar for buying and selling at Rs 60.75 and Rs 60.77, dealers said.
It is the problem of short supply of dollars which propelled the rupee to gave up its firmness in relation to dollar, but one thing could be expected at this point that weakness of the rupee may help exports to improve from the present level, money experts said.
Commenting on the dollar fall in the global market, currency analysts said that some weakness in the US economy pushed the dollar down against other currencies. Specially US and China are the main buyers of euro and pound sterling.
They are also major buyers of gold, which soared in the global and local markets, they added. Traditionally, it's the marriage season in the country and the number of buyers has increased to meet their requirements, they said.
In the local market the rupee should depict significant rise in its value as during the month of Ramazan remittances go up significantly as overseas Pakistanis send foreign exchange to their relatives, they said. It seems the rupee is not able to show sizeable gain due to higher demand for dollar by the importers, experts said.

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KERB BUYING             Rs 60.58
KERB SELLING            Rs 60.65
================================

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Buying                Rs 60.75
Selling               Rs 60.77
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
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Overnight   9.90       9.90       9.90        9.95           9.91
1-Week      9.80       9.85       9.90        9.90           9.86
2-Week      9.70       9.80       9.80        9.90           9.80
1-Month     9.35       9.45       9.45        9.50           9.44
2-Months    9.25       9.35       9.35        9.45           9.35
3-Months    9.25       9.40       9.30        9.45           9.35
4-Months    9.25       9.40       9.35        9.45           9.36
5-Months    9.25       9.40       9.30        9.45           9.35
6-Months    9.30       9.40       9.35        9.50           9.39
9-Months    9.35       9.40       9.35        9.50           9.40
1-Year      9.35       9.50       9.40        9.60           9.46
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Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
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Overnight   9.95      10.00      10.00       10.10          10.01
1-Week      9.90       9.95       9.95       10.00           9.95
2-Week      9.75       9.85       9.80        9.90           9.83
1-Month     9.50       9.70       9.60        9.75           9.64
2-Months    9.45       9.70       9.60        9.80           9.64
3-Months    9.45       9.75       9.50        9.80           9.63
4-Months    9.50       9.75       9.60        9.80           9.66
5-Months    9.50       9.90       9.65        9.90           9.74
6-Months    9.60      10.00       9.75       10.10           9.86
9-Months    9.75      10.10      10.00       10.25          10.03
1-Year      9.90      10.25      10.10       10.40          10.16
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