OPEN MARKET RATES: In the first Asian trade, the dollar steadied, edging away from four-month lows against the yen plumbed in the previous session as investors turned their focus from political turmoil in Washington to the Federal Reserve's annual central banking conference in Wyoming.
The dollar was flat on the day at 109.22 yen, after slipping to as low as 108.605 yen on Friday on concerns over President Donald Trump's ability to push through tax reform and stimulus measures.
It largely shrugged off the University of Michigan's consumer sentiment index, which improved to its strongest in seven months, reflecting confidence in the outlook for the economy and in personal finances as the US stock market holds near record highs.
The dollar was trading against the Indian rupee at Rs 64.050, the greenback was at 4.286 in terms of the Malaysian ringgit and the US currency was at 6.673 versus the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday. 80.70-80.70 (previous 80.70-80.70).
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Open Bid Rs.106.30
Open Offer Rs.106.50
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.105.39
Offer Rate Rs.105.40
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RUPEE IN LAHORE: The Pakistani rupee registered appreciation versus the US dollar and British pound in the local currency market on Monday.
According to currency dealers, the US dollar resumed trading on a negative note and remained under pressure following lack of buyers' interest in the market.
As a result, it slid to Rs 106.20 and Rs 106.50 on buying and selling side, respectively, as compared to last closing trend of Rs 106.50 and Rs 106.70 respectively, they added.
Likewise, the local currency also followed the same suit against the pound sterling.
The pound's buying and selling rates decreased from Saturday's closing rates of Rs 135.50 and Rs 136.50 to Rs 135.30 and Rs 136.00 respectively, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 107.10 (buying) and Rs 107.20 (selling) against same last rate. It closed at the same rates in evening session.