Bullish sentiment persisted on the interbank market on Saturday as the rupee extended its gain, gaining 60 more against dollar for buying and selling at 67.90 and 68.00, dealers said.
Commenting on the appreciation of the rupee, some experts expressed the view that recent moves by the SBP to improve the monetary performance is meant to bring dollar at certain level versus the rupee to curtail the inflation. This is no doubt a serious issue for the whole nation and the government, as well. In the near-term, it appeared fruitful as the rupee is performing as it should response to the corrective measures taken by the State Bank of Pakistan (SBP), they said.
In New York trade, the dollar fell on Friday and was on track for its steepest weekly decline against a basket of major currencies in two months, as investors worried surging oil prices could deepen an economic downturn and fan inflationary pressures.

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Open Buying             Rs 69.30
Open Selling            Rs 69.40
================================

==============================
Buying                Rs 67.90
Selling               Rs 68.00
==============================
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Repo Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   11.90      11.95      11.90       11.95         11.93
1-Week      11.75      11.90      11.90       11.95         11.88
2-Weeks     11.50      11.75      11.60       11.80         11.66
1-Month     11.00      11.40      11.40       11.60         11.35
2-Months    10.90      11.50      11.40       11.60         11.35
3-Months    11.00      11.50      11.40       11.50         11.35
4-Months    11.00      11.50      11.40       11.65         11.39
5-Months    11.10      11.50      11.40       11.70         11.43
6-Months    11.25      11.50      11.50       11.75         11.50
9-Months    11.25      11.50      11.50       11.75         11.50
1-Year      11.25      11.50      11.60       11.80         11.54
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Call Rates (Yield p a)
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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight    15.00      25.00      20.00       27.00        21.75
1-Week       15.50      17.00      16.50       17.50        16.63
2-Weeks      15.00      16.00      16.50       17.00        16.13
1-Month      14.00      15.00      15.00       16.00        15.00
2-Months     13.50      14.50      14.00       15.00        14.25
3-Months     13.75      14.50      14.00       15.00        14.31
4-Months     13.75      14.50      14.25       15.00        14.38
5-Months     13.75      14.50      14.25       15.00        14.38
6-Months     14.00      14.50      14.50       15.00        14.50
9-Months     14.00      14.50      14.50       15.00        14.50
1-Year       14.25      14.75      14.75       15.25        14.75
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