INTER-BANK MARKET RATES: In the final Asian trade, the dollar was little changed as traders marked time ahead of next week's US inflation-linked indicators, while commodity currencies such as the Canadian dollar held to gains after crude oil prices bounced.
The dollar index against a basket of major currencies was effectively flat at 97.492. The index peaked at a one-month high of 97.871 on Tuesday after the Federal Reserve hiked interest rates last week and left the door open for further monetary tightening later in the year. But it has been stuck in a tight range since, awaiting fresh catalysts.
The euro was also steady, at $1.1158. It was poised to lose about 0.4 percent this week.
The dollar was trading against the Indian rupee at Rs 64.523, the greenback was at 4.287 in terms of the Malaysian ringgit and the US currency was at 6.840 versus the Chinese yuan.
OPEN MARKET RATES: The rupee maintained last levels in relation to the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, they said. The rupee extended overnight slide in terms of the euro, losing 25 paisas for buying and selling at Rs 117.75 and Rs 118.75 respectively.
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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.104.87
Offer Rate Rs.104.88
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RUPEE IN LAHORE: The Pak rupee moved both ways versus the US dollar in the local currency market on Saturday.
The dollar commenced trading on mixed pattern following divergent trend in the market during the day's trading session. At the close, it ended at Rs 106.00 and Rs 106.35 on buying and selling side as compared to Friday's closing rates of Rs 106.10 and Rs 10630, respectively, said the local currency dealers.
Furthermore, the local currency remained under pressure for the second consecutive day against the pound sterling. The pound's buying and selling rates further rose from overnight closing trend of Rs 133.20 and Rs 134.30 to Rs 133.40 and Rs 134.60 respectively, 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 Friday. 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).