RECORDER REPORT
KARACHI: The rupee moved both ways against the dollar on the money market on Thursday in the process of trading, dealers said.
INTER-BANK MARKET RATES: The rupee picked up five-paisa against the dollar for buying at Rs 107.30 and it also rose by seven-paisa for selling at Rs 107.33, they said.
OPEN MARKET RATES: The rupee, however, shed five-paisa versus the dollar for buying Rs 107.15, while it gained 15-paisa for selling at Rs 107.25. The rupee depreciated by 15-paisa against the euro for buying at Rs 147.25 and it dropped by 10-paisa for selling at Rs 147.50, they said.
In the fourth Asian trade, the yen retreated toward recent lows against the dollar and the euro in Asia on Thursday, failing to capitalise on a small bounce as markets positioned for a possible scaling back of the Federal Reserve's stimulus as early as next week. News that Congress has reached a bipartisan budget deal that would end three years of impasse and fiscal instability was seen clearing a potential hurdle for the Fed to taper its massive bond-buying program.
The dollar was trading against the Indian rupee at Rs 61.53, the greenback was at 3.2265 in terms of the Malaysian ringgit and the US currency was at 6.071 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Thursday: 77.75-77.75 (77.75-77.76). Call Money Rates: 06.25-08.00 percent (previous 05.50-08.00 percent).
========================
Open Bid Rs 107.30
Open Offer Rs 107.33
========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
========================
Bid Rate Rs 107.15
Offer Rate Rs 107.25
========================
RUPEE IN LAHORE: The national currency maintained upward slide, as it appreciated its worth against both the major currencies i.e., US dollar and pound sterling on the local currency market on Thursday.
According to the currency dealers, the dollar resumed trading on a negative note and remained under selling pressure during the day. The dollar was further declined to Rs 107.10 and Rs 107.40 on buying and selling sides against Rs 107.25 and Rs 107.50 of Wednesday, respectively.
Likewise, the rupee gained strength and was improved against the British pound. The pound was traded at Rs 175.00 and Rs 176.00 on buying and selling counters, compared with previous closing of Rs 175.50 and Rs 176.30, respectively, the dealers 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 resumed trading at Rs 108 for buying and Rs 108.10 for selling against last rate. It did not observe further change in the second session and closed at Rs 108 for buying and Rs 108.10 for selling.
Pound Sterling opened at Rs 174 for buying and Rs 174.50 for selling against same last rate. It closed at the same rate without further change by the end of evening session.
Kerb buying and selling rate of US dollar
RECORDER REPORT
KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (December 12, 2013).
========================
Bid Rate Rs 107.15
Offer Rate Rs 107.25
========================
Dollar's rate in interbank market
RECORDER REPORT
KARACHI: Interbank closing rates for dollar on Thursday (December 12, 2013).
========================
Open Bid Rs 107.30
Open Offer Rs 107.33
========================
