INTER-BANK MARKET RATES: In the first Asian trade, the dollar steadied against a basket of currencies after slipping on soft US economic data, with investors awaiting comments by a top Federal Reserve official for clues on whether recent strength can be sustained.
The dollar index against a group of major currencies was flat at 97.187.
The index had climbed to a two-week high of 97.560 late the previous week after the Fed raised interest rates and kept the door open for another hike in 2017. But its rally was tempered by Friday's weaker-than-expected housing and consumer sentiment data.
The market is looking to comments by New York Fed President William Dudley for potential support for the greenback. Dudley, a close ally of Fed Chair Janet Yellen, is due to take part in a roundtable with local business leaders in Plattsburgh, New York.
"In the wake of Friday's weak US data, Dudley could provide insight into whether the Fed is still poised to continue normalising monetary policy," said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo.
The dollar was trading against the Indian rupee at Rs 64.355, the greenback was available at 4.267 in terms of the Malaysian ringgit and the US currency was at 6.812 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday: 80.56-80.60 (previous 80.56-80.60).
OPEN MARKET RATES: The rupee held last levels in relation to the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, they said. The rupee shed 20 paisas in terms of the euro for buying and selling at Rs 118.20 and Rs 119.25 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 Monday.
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Bid Rate Rs.104.87
Offer Rate Rs.104.88
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RUPEE IN LAHORE: The Pak rupee moved both ways against the US dollar in the local currency market on Monday. The dollar commenced trading on a mixed pattern following divergent trend in the market during the day's trading session.
At the close, it was ended at Rs 106.00 and Rs 106.20 on buying and selling side as compared to last closing trend of Rs 105.90 and Rs 106.25 respectively, said the local currency dealers.
Furthermore, the local currency stayed unchanged on buying side while it recovered by 20-paisa on selling side versus the pound sterling. The British currency was bought and sold at Rs 134.70 and Rs 135.50 against Rs 134.70 and Rs 135.70 of Saturday, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee at the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 105.95 (buying) and Rs 106.10 (selling). It closed at the same rate. Buying and selling rates of British Pound remained Rs 136.50 (buying) and Rs 138.50 (selling).