INTER-BANK MARKET RATES: In the fourth Asian trade, the dollar stood tall, on track for weekly gains against a currency basket, after upbeat US economic data gave investors reason to hope the US central bank will stick with its plan to hike rates.
The dollar index, which tracks the greenback against six major peers, added 0.1 percent to 97.491, and was up 0.6 percent for the week. The dollar rose 0.2 percent to 111.18 yen, on track to gain 1.1 percent for the week.
It ticked up to a session high of 111.27 yen, its highest since June 2, after the Bank of Japan kept monetary policy steady as expected, before quickly paring its gain.
The BOJ also upgraded its assessment of private consumption and overseas growth, signalling its confidence that an export-driven economic recovery was broadening and gaining momentum.
The dollar was trading against the Indian rupee at Rs 64.720, the greenback was at 4.277 in terms of the Malaysian ringgit and the US currency was at 6.815 versus the Chinese yuan.
OPEN MARKET RATES: The rupee managed to hold present levels in relation to the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, they said.
The rupee picked up 20 paisas in terms of the euro for buying at Rs 117.80 and it did not show any change for selling at Rs 119.00 respectively, and they said.
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Open Bid Rs.105.90
Open Offer Rs.106.10
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Friday.
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Bid Rate Rs.104.88
Offer Rate Rs.104.89
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RUPEE IN LAHORE: The Pak rupee moved both ways versus the greenback in the local currency market on Friday.
The greenback commenced trading on a mixed pattern amidst divergent trend in the market throughout the trading session. At the close, it ended at Rs 105.90 and Rs 106.25 on buying and selling side as compared to the overnight closing trend of Rs 105.95 and Rs 106.15 respectively, said the local currency dealers.
Furthermore, the rupee failed to sustain as it depreciated against the pound sterling. The pound's buying and selling rates went up from Thursday's closing rates of Rs 134.30 and Rs 135.50 to Rs 134.70 and Rs 135.80 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar was unchanged against the rupee at the open currency markets of Islamabad and Rawalpindi here on Friday.
The dollar opened at Rs 105.95 (buying) and Rs 106.10 (selling) against last rate of Rs 105.90 (buying) and Rs 106 (selling). It closed at Rs 105.95 (buying) and Rs 106.10 (selling). Buying and selling rates of British Pound is Rs 136.50 (buying) and Rs 138.50 (selling).