RECORDER REPORT
KARACHI: The rupee was unmoved against the dollar on the money market on Tuesday in the process of trading, dealers said.
INTER-BANK MARKET RATES: The rupee firmly held the overnight levels in terms of the dollar for buying and selling at Rs 101.84 and Rs 101.85 respectively, they said.
OPEN MARKET RATES: The rupee did not move any side against the dollar for buying and selling at Rs 102.80 and Rs 103.00 respectively. The local currency followed the same track in relation to the euro, sustaining last levels for buying and selling at Rs 112.00 and Rs 113.00 respectively, they said.
In the second Asian trade, the Canadian dollar languished at 11-year lows as a continuing sell-off in oil prices thrust the loonie and other commodity currencies such as the Australian dollar into the spotlight, stealing the focus from a subdued US dollar that held steady against the euro and yen.
In a bearish turn of events for currencies of oil exporters, crude prices slid a further 5 percent overnight to their lowest since January after weak factory activity in China deepened a commodity-wide rout.
The dollar was available against the Indian rupee at Rs 63.93, the greenback was trading versus the Malaysian ringgit at 3.8570 and the US currency was at 6.2094 in the terms of the Chinese yuan.
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BID Rs 102.80
Offer Rs 103.00
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.
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BID Rs 101.84
OFFER Rs 101.85
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RUPEE IN LAHORE: The rupee-dollar parity remained stagnant amid a low trading activity on the local currency market on Tuesday.
The dollar resumed trading at its overnight closing of Rs. 102.90 and Rs. 103.20 as its buying and selling rate, respectively but never saw any change in its demand and supply situation that helped the rupee stability.
The rupee was weak and declined on buying side while it remained unchanged on the selling side in relation to pound sterling which was purchased and sold at Rs. 159.00 and Rs. 159.50 against the day earlier closing of Rs. 158.70 and Rs. 159.50, respectively.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee on the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 102 (buying) and Rs 102.20 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 102 (buying) and Rs 102.20 (selling).
Pound Sterling opened at Rs 157 (buying) and Rs 157.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 157 (buying) and Rs 157.50 (selling).
Kerb buying and selling rate of US dollar
RECORDER REPORT
KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 04, 2015).
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BID Rs 102.80
Offer Rs 103.00
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Dollar's rate in interbank market
RECORDER REPORT
KARACHI: Interbank closing rates for dollar on Tuesday (August 04, 2015).
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BID Rs 101.84
OFFER Rs 101.85
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