The rupee managed to hold overnight levels against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee did not show any change in relation to the dollar for buying and selling at Rs 99.90 and Rs 100.10 respectively, while it came down versus the euro for buying and selling at Rs 138.25 and Rs 138.75, they said.
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Bid Rate Rs 99.90
Offer Rate Rs 100.10
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According to the currency dealers, the dollar resumed trading on a negative sign and remained under pressure in the absence of buyers' interest. At close of trading, the dollar was declined from overnight closing of Rs 100.50 and Rs 101.30 to Rs 100.10 and Rs 100.50 on buying and selling side, respectively.
Likewise, the Pak rupee stayed unchanged on buying side while it was improved on selling side against the British pound. The pound was traded at Rs 167.00 and Rs 167.65 on buying and selling counters compared with day earlier closing of Rs 167.00 and Rs 167.80 respectively, the dealers added.