The dollar recovered some lost ground against the rupee on the local currency market on Monday, dealers said.
INTER-BANK MARKET RATES: The rupee was down by 25-paisa against the dollar for buying and selling at Rs 101.00 and Rs 101.05, they said.
OPEN MARKET RATES: The rupee followed same pattern in term of the dollar, losing 15 paisa for buying and selling at Rs 100.80 and Rs 101.00, they said. The rupee held the week-end levels against the euro for buying and selling at Rs 122.25 and Rs 122.50, they said.
In the first Asian trade, the euro inched away from more than two-year lows but remained on tenterhooks as investors awaited a key vote in Greece later in the session, while the dollar treaded water in its final week of a strong 2014.
Activity is likely to be thin this week ahead of the New Year’s holiday and as many investors have already closed out their positions for the year. Japanese markets will be shut from December 31-January 2 and reopen on January 5.
The dollar was trading against the Indian rupee at Rs 63.67, the greenback at 3.4960 versus the Malaysian ringgit and the US currency was at available at 6.224 in terms of the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday. 77.9450-77.9500 (previous 77.92-77.92) Call Money Rates: 07.25-09.50 percent (Previous 05.75-09.50 percent).
Open Bid Rs.100.80
Open Offer Rs.101.00
Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
Bid Rate Rs.101.00
Offer Rate Rs.101.05
RUPEE IN LAHORE: The Pak rupee remained under pressure and lost 20-paisa in relation to the greenback on the local currency market on Monday.
According to the currency dealers, the dollar was opened on a healthy note and registered gain following fresh buying. At close of trading, the dollar was ended at Rs 100.70 and Rs 100.95 as its buying and selling rate against Rs 100.50 and Rs 100.75 of last Saturday, respectively, the dealers said.
Similarly, the rupee remained under pressure against the British pound. The pound’s buying and selling rates were improved from last week closing of Rs 156.00 and Rs 156.25 to Rs 156.25 and Rs 156.50, respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged on the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 101.30 (buying) and Rs 101.40 (selling) against same overnight rate. It did not observe further change in the second session and closed at Rs 101.30 (buying) and Rs 101.40 (selling).
Pound Sterling opened at Rs 158 (buying) and Rs 159 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 158 (buying) and Rs 159 (selling).