No change was seen in the rupee-dollar parity rates on Friday in the absence normal trading due to thin staff, experts said. In order to bring peace in the city, police and paramilitary troops were ordered to shoot on sight after several people were killed in three days of political violence.
Most of the commercial centres and fuel stations in Karachi m were shut and public transport idled after the Muttahida Qaumi Movement (MQM), announced a day of mourning against the latest surge in violence in the country's financial and commercial hub.
Commodity currencies were among the best performers after upbeat US data showing a surge in private sector hiring further helped boost risk appetite. This saw New Zealand dollar hit a fresh 30-year high, around $0.8344. Indian rupee was available at Rs 44.43 versus dollar, Malaysian ringgit at 2.9955 and Chinese yuan was at 6.464 in relation to the greenback.
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Buying Rs 85.82
Selling Rs 85.84
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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 13.00 13.90 13.25 13.90 13.51
1-Week 12.75 13.30 13.25 13.35 13.16
2-Week 12.90 13.30 13.30 13.35 13.21
1-Month 13.00 13.30 13.30 13.35 13.24
2-Months 13.00 13.35 13.30 13.40 13.26
3-Months 13.10 13.35 13.35 13.45 13.31
4-Months 13.10 13.40 13.35 13.45 13.33
5-Months 13.15 13.40 13.40 13.50 13.36
6-Months 13.25 13.50 13.50 13.60 13.46
9-Months 13.30 13.60 13.60 13.70 13.55
1-Year 13.40 13.65 13.65 13.75 13.61
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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 13.00 13.90 13.30 13.95 13.54
1-Week 13.00 13.35 13.30 13.40 13.26
2-Week 13.10 13.40 13.35 13.45 13.33
1-Month 13.15 13.40 13.35 13.45 13.34
2-Months 13.15 13.45 13.40 13.50 13.38
3-Months 13.15 13.50 13.45 13.60 13.43
4-Months 13.20 13.50 13.50 13.65 13.46
5-Months 13.25 13.55 13.50 13.65 13.49
6-Months 13.30 13.60 13.50 13.65 13.51
9-Months 13.50 13.70 13.60 13.75 13.64
1-Year 13.50 13.75 13.60 13.90 13.69
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