WEBDESK: The rupee managed to hold its weekend stability against the dollar on Monday in the process of trading, dealers said. The rupee held the last levels versus the dollar for buying and selling at Rs 104.50 and Rs 104.51 respectively, they said.
INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee gained five-paisa in relation to the dollar for buying at Rs 104.25 while it depicted no change for selling at Rs 104.50, however, it lost 25-paisa against the euro for buying and selling at Rs 116.50 and Rs 117.50 respectively, they added.
In the first Asian trade, the dollar nursed losses, edging away from a near two-week low against a basket of currencies it marked in the previous session after weak US jobs data led traders to pare bets that the Federal Reserve was poised to hike interest rates as early as this month.
The dollar was trading against the Indian rupee at Rs 65.32, the greenback was at 4.4000 in terms of the Malaysian ringgit and the US currency was available at 6.3571 in terms of the Chinese ringgit. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80): 05.25-06.50 percent (Previous 05.25-06.50 percent).
Open Bid Rs.104.25
Open Offer Rs.104.50
Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
Bid Rate Rs.104.50
Offer Rate Rs.104.51
RUPEE IN LAHORE: The dollar-rupee parity remained stagnant at the open currency markets of Lahore on Monday. Currency dealers said the dollar resumed trading well at Rs 104.40 and Rs 104.65 on the buying and selling counters, respectively, as against Rs 104.35 and Rs 104.60 on Saturday. The dollar lost its worth following lack of buying activity and closed at Rs 104.35 and Rs 104.60 on the buying and selling counters, respectively.
The British Pound was traded higher versus the rupee, with the latter being purchased and sold at Rs 157.60 and Rs 158.50 as against Saturday’s closing rates of Rs 157.50 and Rs 158.30, the dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee on the open currency markets of Islamabad and Rawalpindi here on Monday. The dollar opened at Rs 104 (buying) and Rs 104.25 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 104 (buying) and Rs 104.25 (selling). Pound Sterling opened at Rs 161 (buying) and Rs 161.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 161 (buying) and Rs 161.50 (selling).