• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Times of Pakistan
No Result
View All Result
Home Business

THE RUPEE: dollar moves both ways

ToP by ToP
August 17, 2021
in Business, Pakistan
0
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

KARACHI: The rupee moved both ways against dollar on the currency market on Monday in process of trading, dealers said. The rupee was up by three paisa against dollar for buying at 85.72 and gained two paisa for selling at 85.75 despite the rising demand for the US currency, they said.

INTERBANK MARKET RATES: In the first Asian trade euro touched four-month lows against dollar on Monday as stops were triggered amid mounting worries about Europe’s debt crisis, after a source said Portugal was under growing pressure to accept EU/IMF aid. The single currency fell to lows not seen since mid-September, slipping as deep as $1.2860 on trading platform EBS, after stops around $1.2900 and $1.2870 were triggered.Although euro later pared its losses on short-covering, market players said the single European currency still looked vulnerable due to worries about the level of demand at euro zone debt auctions coming up this week. The yuan closed lower versus dollar on Monday after the People’s Bank of China set a slightly weaker mid-point to reflect but lag a rise in the US dollar index, which has jumped 2.5 percent so far this year.Indian rupee was trading at Rs 45.38 in relation to the US currency and Malaysian ringgit was available at 3.0655 versus dollar. Interbank buy/sell rates for taka against dollar on Monday: 71.00/71.00 (previous 71.00/71.00). Call Money Rates: 15.00 percent (previous 12.00-15.00 percent).

OPEN MARKET RATES: The rupee showed divergent trend as it lost 15 paisa in terms of dollar for buying at 85.85, it, however, gained four paisa for selling at 85.86, they added. The rupee gave up climb in relation to euro, shedding 20 paisa for buying and selling at Rs 110.30 and Rs 110.80, they said.
=========================
Open Buying      Rs 85.72
Open Selling     Rs 85.75
=========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
=========================
Buying           Rs 85.85
Selling          Rs 85.86
=========================
=================================================================
Repo Rates (Yield p a)
—————————————————————–
Tenor       Low Bid   High Bid   Low Offer   High Offer   Average
=================================================================
Overnight    11.10       11.75      11.25       12.00       11.53
1-Week       11.50       12.30      12.20       12.40       12.10
2-Week       11.55       12.60      12.60       12.75       12.38
1-Month      11.90       12.70      12.75       12.90       12.56
2-Months     12.25       12.95      12.90       13.05       12.79
3-Months     12.70       13.10      13.10       13.20       13.03
4-Months     12.70       13.15      13.10       13.25       13.05
5-Months     12.75       13.20      13.20       13.35       13.13
6-Months     13.25       13.40      13.30       13.45       13.35
9-Months     13.10       13.40      13.30       13.60       13.35
1-Year       13.25       13.50      13.40       13.60       13.44
=================================================================
Call Rates (Yield p a)
—————————————————————–
Tenor       Low Bid   High Bid   Low Offer   High Offer   Average
=================================================================
Overnight    11.10        11.75      11.25      12.00       11.53
1-Week       11.75        12.35      12.25      12.50       12.21
2-Week       12.25        12.70      12.70      12.80       12.61
1-Month      12.40        12.85      12.90      13.00       12.79
2-Months     12.75        13.25      13.25      13.40       13.16
3-Months     12.90        13.40      13.25      13.50       13.26
4-Months     12.90        13.50      13.30      13.60       13.33
5-Months     13.00        13.50      13.40      13.75       13.41
6-Months     13.30        13.70      13.50      13.90       13.60
9-Months     13.25        13.60      13.50      13.90       13.56
1-Year       13.25        13.75      13.60      14.00       13.65
=================================================================
RUPEE IN LAHORE: The rupee remained under pressure and lost its worth in relation to the greenback in the local currency markets on Monday.According to currency dealers, the US dollar gained strength and improved its worth on account of fresh buying support in the local market. The US dollar resumed trading at Rs 85.75 and Rs 86.00 as its buying and selling rates and closed with marginal improvement on both sides at Rs 85.80 and Rs 86.10, respectively, they said.Similarly, the pound sterling gained strength on buying counter while it remained unchanged on selling side in the local kerb. The pound was purchased and sold at Rs 132.33 and Rs 133.50 as compared to last Saturday’s closing rates of Rs 132.50 and Rs 133.50, respectively, the dealers added.

RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged at the currency markets of Islamabad and Rawalpindi on Monday.The dollar resumed trading at Rs 85.50 (buying) and Rs 85.80 (selling) against last rate of Rs 86.20 (buying) and Rs 86.30 (selling). It did not observe further change in the evening session and closed at Rs 85.50 (buying) and Rs 85.80 (selling).Pound Sserling opened at Rs 136.30 (buying) and Rs 136.70 (selling) in the morning session. It did not observe further change in the last trading hours and closed at Rs 136.30 (buying) and Rs 136.70 (selling) – Brecorder

Previous Post

Top U.S. watchdog for Afghanistan resigns

Next Post

Sibal ignored other scenarios in CAG report

ToP

ToP

Related Posts

Multiple killed, dozens injured in Peshawar Police Line mosque blast
Pakistan

Multiple killed, dozens injured in Peshawar Police Line mosque blast

by Top
January 30, 2023
Foreign exchange: SBP reserves go down by $75mn in a week
Pakistan

Pakistani rupee slips further against the US dollar

by wasif
January 17, 2023
Talks with India not possible until revocation of J&K’s status: PM Office
Pakistan

Talks with India not possible until revocation of J&K’s status: PM Office

by Top
January 17, 2023
Andre Emilio Suiting
Entertainment

Modernizing the Art of Bespoke Tailoring

by wasif
January 17, 2023
No case of Omicron variant BF.7 detected so far in Pakistan: NIH
Pakistan

No case of Omicron variant BF.7 detected so far in Pakistan: NIH

by Top
January 3, 2023
President, PM grieved over loss of security personnel in Bannu operation
Pakistan

President, PM grieved over loss of security personnel in Bannu operation

by Top
January 2, 2023
New Gas Reserves Discovered In D.I.Khan
Pakistan

New Gas Reserves Discovered In D.I.Khan

by Top
December 27, 2022
Next Post

Sibal ignored other scenarios in CAG report

Popular Stories

  • fashion central

    Fashion Central Online Store provides Fragrances collection of Nabeel & Aqeel

    0 shares
    Share 0 Tweet 0
  • Arshad Nadeem breaks silence on javelin throw controversy

    0 shares
    Share 0 Tweet 0
  • Sofia Vergara accidentally exposed her breast after New Year’s Eve

    0 shares
    Share 0 Tweet 0
  • Paul Walker’s Brothers to help Finish ‘Fast & Furious 7’

    0 shares
    Share 0 Tweet 0
  • Modi to Lay Foundation Stone for Hindu Temple at Babri Masjid Site

    0 shares
    Share 0 Tweet 0
Times of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • Multiple killed, dozens injured in Peshawar Police Line mosque blast
  • Breath life into the Royal Era of the East with Shameel Khan
  • Pakistani rupee slips further against the US dollar

Times Of Pakistan © 2021. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In