OPEN MARKET RATES: The rupee did not show any change versus the dollar for buying and selling at 59.45 and 59.55, dealers said.
Market sources said that the rupee managed to hold its present levels in process of balanced demand and supply position.
The rupee continued its slide versus the euro, falling 35 paisa for buying and selling at Rs 77.40 and Rs 77.70 in process of trading, they added.
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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 Wednesday.
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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
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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 3.00 3.25 3.50 3.75 3.38
1-Month 3.25 3.50 3.80 4.20 3.69
2-Months 3.50 3.75 4.25 4.50 4.00
3-Months 4.50 5.00 4.75 5.25 4.88
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)
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Tenor Low Bid High Bid Low Offer High Offer Average
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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 3.75 4.00 4.00 4.25 4.00
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
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RUPEE IN LAHORE: The dollar-rupee parity remained unchanged amid sluggish trading trend in the local currency markets on Wednesday.
According to the currency dealers, there was no change in the demand for dollar and its supply condition, which provided stability to the rupee.
The dollar resumed trading at the overnight closing rates of Rs 59.45 and Rs 59.55 on buying and selling counters, respectively. It witnessed fractional change in its worth during the day's trading, but finally closed at the opening levels, the dealers added.
On the contrary, the rupee remained weak and further depreciated its worth against the pound sterling. The British pound was purchased at Rs 112.35, and sold at Rs 112.70 as compared to Rs 112.10 and Rs 112.30 of Tuesday, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar in the open currency markets of Islamabad and Rawalpindi on Wednesday.
The dollar opened at Rs 59.45 (buying) and Rs 59.55 (selling) against the last rate. 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 112.10 (buying) and Rs 112.50 (selling) against the previous rate of Rs 112 (buying) and Rs 112.40 (selling). It did not observe any change in the second spell, and closed at Rs 112.10 (buying) and Rs 112.50 (selling).