The rupee depicted mixed trend against the dollar on the money market on Thursday, dealers said. The rupee firmly held the overnight levels versus the dollar for buying and selling at Rs 100.80 and Rs 100.83 respectively, they said.
INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee depreciated by 10-paisa in relation to the dollar for buying at Rs 100.80, while it also lost 20-paisa for selling at Rs 101.10, they said.
The local currency, however, extended gains in terms of the euro for buying and selling at Rs 118.75 and Rs 119.00 respectively, they added. In the fourth Asian trade, the Malaysian ringgit pulled off 5-1/2-year lows against the dollar while other Asian currencies steadied on Thursday, as a pause in sliding global oil prices and better US jobs data put a floor under emerging markets and other riskier assets.
The ringgit rallied 0.4 percent, moving further away from lows of 3.585 hit on Wednesday. The dollar was trading against the Indian rupee at Rs 63.01, the greenback was at 3.5670 in terms of the Malaysian ringgit and the US currency was available at 6.2185 versus the Chinese Yuan.
Open Bid Rs 100.80
Open Offer Rs 101.10
Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
Bid Rate Rs 100.80
Offer Rate Rs 100.83
RUPEE IN LAHORE: The Pak rupee remained weak and lost five-paisa against the US dollar on the local currency market on Thursday.
According to the currency dealers, the dollar resumed trading at its day earlier closing of Rs 100.75 and Rs 101.00 as its buying and selling rate, respectively. As a result of marginal increase in its demand, the dollar was ended higher at Rs 100.80 and Rs 101.05 on buying and selling side, respectively, the dealers said.
On the contrary, the rupee maintained upward slide for another day and was appreciated against the pound sterling. The pound’s buying and selling rates were declined from Wednesday closing of Rs 152.00 and Rs 153.00 to Rs 151.50 and Rs 152.00, 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 Thursday.
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).