The rupee had managed to sustain its levels versus the greenback on easy supply of the US currency, they added. If the dollars' supply match with the demand, the rupee might be able to hold its prevailing levels in the coming days, they guessed.
The dollar recovered slightly against the other currencies in the world markets, they said.
OPEN MARKET RATES: The rupee after maintaining its firmness versus the dollar managed to recover five paisa for buying and selling at 59.45 and 59.55, dealers said.
The rupee, however, extended its losses versus the euro, losing 20 paisa more for buying and selling at Rs 77.05 and Rs 77.35, they said.
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Kerb Buying Rs 59.45
Kerb Selling Rs 59.55
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INTERBANK CLOSING RATES: Interbank closing rates for dollar on Tuesday.
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Buying Rs 59.39
Selling Rs 59.40
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.25 0.75 0.50 1.00 0.63
1-Week 1.25 1.50 1.75 2.00 1.63
2-Week 2.00 2.25 2.50 2.75 2.38
1-Month 3.25 3.50 3.75 4.00 3.63
2-Months 3.75 4.00 4.25 4.50 4.13
3-Months 4.60 5.00 4.75 5.25 4.90
4-Months 4.75 5.25 5.00 5.50 5.13
5-Months 5.00 5.50 5.60 5.75 5.46
6-Months 5.00 5.50 5.60 6.00 5.53
9-Months 5.25 5.75 6.00 6.60 5.90
1-Year 5.50 5.75 6.00 6.75 6.00
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Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.75 1.25 1.00 1.50 1.13
1-Week 1.50 1.75 1.75 2.00 1.75
2-Week 2.25 2.50 2.75 3.00 2.63
1-Month 4.25 4.50 5.00 5.25 4.75
2-Month 4.50 4.75 5.25 5.50 5.00
3-Month 5.00 5.25 5.50 6.00 5.44
4-Month 5.25 5.50 5.75 6.25 5.69
5-Month 5.50 5.75 6.25 6.50 6.00
6-Month 5.75 6.00 6.50 6.75 6.25
9-Month 6.00 6.25 6.75 7.00 6.50
1-Year 6.50 6.75 7.00 7.25 6.88
=================================================================
RUPEE IN LAHORE: The rupee appreciated its worth by five paisa in relation to the greenback in the local currency markets on Tuesday.
According to the currency dealers, the dollar resumed trading at Monday's closing levels of Rs 59.50 and Rs 59.60 on buying and selling counters, respectively. However, the dollar could not sustain and started declining in the absence of fresh buying. The dollar, at the end of trading, moved down and closed at Rs 59.45 and Rs 59.55 on buying and selling sides, respectively, the dealers added.
However, the local currency remained weak and further depreciated its value against the pound sterling. The British pound was purchased and sold at Rs 112.10 and Rs 112.30, respectively as compared to Rs 111.30 and Rs 111.90 of Monday, the dealers added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee was up by 15 paisa against the dollar at the open currency markets of Islamabad and Rawalpindi on Tuesday.
The dollar opened at Rs 59.45 (buying) and Rs 59.55 (selling) against last rate of Rs 59.60 (buying) and Rs 59.70 (selling). It did not observe any further change in the evening session and closed at Rs 59.45 (buying) and Rs 59.55 (selling).
Pound sterling opened at Rs 112 (buying) and Rs 112.40 (selling) against same overnight value. It did not observe any change in the second spell and closed at Rs 112 (buying) and Rs 112.40 (selling).