INTER-BANK MARKET RATES: In the first Asian trade, the euro slipped after Germany's election showed surging support for a far-right party that left Chancellor Angela Merkel scrambling to form a governing coalition.
The euro was trading down 0.3 percent at $1.1922 and could test support around $1.1860 as liquidity picked up through the session.
Merkel did win a fourth term in office on Sunday but will have to build an uneasy coalition to form a government after her conservatives haemorrhaged support in the face of a surge by the anti-immigration Alternative for Germany (AfD).
Despite winning the most votes, Merkel's bloc slumped to its worst result since 1949 and her current Social Democrat coalition partners said they would go into opposition after tumbling to 20.7 percent in projections, a post-war low.
"Probably the most significant announcement following the election was that the current junior coalition partner, SPD, immediately announced it would go into opposition," said Peter Schaffrik, global macro strategist at RBC Europe in London.
The dollar was trading against the Indian rupee at Rs 64.78, the greenback was available versus the dollar at 4.191 in terms of the Malaysian ringgit and the US currency was at 6.605 in relation to the Chinese yuan.
Inter bank buy/sell rates for the taka against the dollar on Monday" 80.80-80.80 (previous 80.80-80.80).
OPEN MARKET RATES: The rupee dropped by 10 paisas in terms of the dollar for buying and selling at Rs 105.90 and Rs 106.10 respectively, they said.
The rupee, however, rose by 40 paisas against the euro for buying and selling at Rs 125.30 and Rs 126.30 respectively, 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.105.42
Offer Rate Rs.105.43
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RUPEE IN LAHORE: The Pak rupee depreciated on buying side whereas it stayed unchanged on selling side versus the US dollar in the local currency market on Monday.
The trading activity of the US dollar resumed on its last closing trend of Rs 105.95 and Rs 106.20 as its buying and selling rates, respectively.
At the close of trading, it appreciated by 20 paisas on buying counter and ended at Rs 106.15. However, no change in its value took place on selling counter as it maintained its opening trend of Rs 106.20, local currency dealers said.
Furthermore, the rupee failed to hold its strength as it depreciated against the pound sterling. The pound's buying and selling rates moved up from Saturday's closing of Rs 141.70 and Rs 142.60 to Rs 142.40 and Rs 143.60 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The value of rupee against the dollar remained unchanged 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 and closing was seen at the same rates.