In the first session of the week in Asian trade dollar and yen dipped in subdued trade, giving up earlier gains as investors hesitated to trade actively with the New York market closed for a holiday. The dollar and yen had risen earlier in the session as currencies leveraged to global growth, such as the Australian dollar, were hit by profit-taking after quarterly results from JPMorgan Chase & Co sent equity markets lower.
OPEN MARKET RATES: The rupee followed the same print on the open market, losing 10 paisa versus dollar for buying and selling at 85.30 and 85.40, they added. The rupee also shed 15 paisa in terms of euro for buying and selling at Rs 121.55 and Rs 122.05, they said.
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Buying Rs.84.30
Selling Rs.84.35
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Open Buying Rs.85.30
Open Selling Rs.85.40
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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 12.00 12.40 12.20 12.40 12.25
1-Week 11.60 12.00 11.90 12.10 11.90
2-Week 11.65 12.00 11.90 12.10 11.91
1-Month 11.75 12.00 11.95 12.05 11.94
2-Months 11.75 11.95 11.95 12.05 11.93
3-Months 11.80 11.95 12.00 12.05 11.95
4-Months 11.85 12.00 12.00 12.10 11.99
5-Months 11.85 12.00 12.00 12.10 11.99
6-Months 11.90 12.05 12.05 12.15 12.04
9-Months 11.90 12.05 12.05 12.15 12.04
1-Year 11.95 12.05 12.05 12.15 12.05
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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 12.00 12.40 12.25 12.45 12.28
1-Week 11.90 12.20 12.00 12.25 12.09
2-Week 11.90 12.15 12.10 12.20 12.09
1-Month 12.00 12.15 12.15 12.20 12.13
2-Months 12.00 12.15 12.10 12.25 12.13
3-Months 12.00 12.25 12.15 12.30 12.18
4-Months 12.15 12.25 12.20 12.30 12.23
5-Months 12.15 12.30 12.20 12.35 12.25
6-Months 12.15 12.30 12.25 12.35 12.26
9-Months 12.15 12.40 12.35 12.45 12.34
1-Year 12.25 12.45 12.40 12.50 12.40
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RUPEE IN LAHORE: The rupee lost 10 paisa on buying side and 20 paisa on selling side in relation to dollar at Lahore currency market on Monday. Moneychangers said that the dollar closed at Rs 85.30 and Rs 85.70 as its buying and selling rates against last week's closing of Rs 85.20 and Rs 85.50. Similarly, the rupee declined against pound sterling, which closed at Rs 138.10 and Rs 139.00 as compared to previous Rs 137.30 and Rs 138.00, respectively, dealers said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee at the open currency markets of Islamabad and Rawalpindi here on Monday. The dollar resumed trading at Rs 85 (buying) and Rs 85.10 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 85 (buying) and Rs 85.10 (selling).
Pound Sterling opened at Rs 137.90 (buying) and Rs 138 (selling) against same previous rate. It did not witness any change in the evening session and closed at Rs 137.90 (buying) and Rs 138 (selling).