INTER-BANK MARKET RATES: In the fourth Asian trade, the dollar drifted as impact from the Federal Reserve's policy meeting minutes and supportive comments from a top US official faded, while the Australian dollar slipped in the wake of downbeat economic data.
The greenback was little changed at 113.300 yen. The US currency fell to a low of 112.905 yen overnight following the release of the Fed's meeting minutes. It pulled back to a high of 113.460 early on Thursday after US Treasury Secretary Steven Mnuchin reportedly reiterated that a strong dollar was a "good thing" in the long run.
The dollar index against a basket of six major currencies inched up 0.1 percent to 101.340 after falling by roughly the same amount the previous day. It had moved between a one-week high of 101.720 and a low of 101.170 on Wednesday.
The dollar was trading against the Indian rupee at Rs 66.83, the greenback was at 4.4480 in terms of the Malaysian ringgit and the US currency was at 6.8786 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Thursday: 79.30-79.35 (previous 79.30-79.30).
OPEN MARKET RATES: The rupee stayed put versus the dollar for buying and selling at Rs 107.10 and Rs 107.30, they said. It, however, shed 30 paisas against the euro for buying and selling at Rs 112.80 and Rs 114.30, they said.
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Open Bid Rs.107.10
Open Offer Rs.107.30
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Bid Rate Rs.104.85
Offer Rate Rs.104.86
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RUPEE IN LAHORE: The Pak rupee remained unchanged on buying side while it appreciated on selling side against the US dollar in the local currency market on Thursday.
According to currency dealers, the US dollar commenced trading on its overnight closing of Rs 107.30 and Rs 107.60 as its buying and selling rates, respectively.
At the close, no change in the value of dollar took place as it sustained its overnight trend of Rs 107.30 on buying counter.
However, in the absence of selling spree, it slid to Rs 107.50 on selling counter, respectively, they added.
Furthermore, the local currency showed strength as it recovered its day earlier losses versus the pound sterling.
The pound's buying and selling rates went down from the Wednesday's closing rates of Rs 133.00 and Rs 134.00 to Rs 132.90 and Rs 133.60, respectively, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee-dollar parity remained unchanged at the open currency markets of Islamabad and Rawalpindi here on Thursday.
The dollar opened at Rs 108.10 (buying) and Rs 108.20 (selling) and it closed at the same rate. Pound Sterling opened at Rs 130 (buying) and Rs 131.50 (selling). It closed at the same rate.