INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee, however, rose by five paisa versus the dollar for buying and selling at 97.20 and 97.40, they said. The rupee is continuously on downward revision against the euro, losing more 60 paisa for buying and selling at Rs 126.20 and Rs 127.20, they said.
During fourth Asian session, the euro slipped, moving further away from both a seven-week high against the dollar and a 7-1/2-month high against the yen hit in the previous session, as investors awaited a European Central Bank policy meeting.
The ECB is widely expected to keep rates on hold at 0.75 percent at its policy meeting on Thursday. Investors will look for clues about whether ECB President Mario Draghi will show a greater willingness to cut borrowing costs in the future. The dollar was trading against the Indian rupee at Ea 54.53, the greenback was at 3.0445 versus the Malaysian rigggit and the US currency was trading at 6.2282 in terms of the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Thursday: 81.00-81.01 (previous 81.00-81.16) Call Money Rates: 07.75-08.00 percent (previous 06.00-08.50 percent).
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Open Buying Rs 97.20
Open Selling Rs 97.40
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Bid Rate Rs 96.60
Offer Rate Rs 96.65
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RUPEE IN LAHORE: The greenback remained firm in relation to Pak rupee at the Lahore open currency market on Thursday, they said.
According to currency dealers, the dollar opened at Rs 97.30 (buying) and Rs 97.55 (selling) against Wednesday's closing rates of Rs 97.20 and Rs 97.50. In the wake of fresh buying activity, the dollar's rate moved up and closed at Rs 97.35 (buying) and Rs 97.60 (selling). The moneychangers said the dollar is firm in the local kerb due to its increased demand.
Likewise, the British pound also appreciated its worth against the local currency. Pound Sterling was purchased and sold at Rs 154.80 and Rs 155.50 as against Rs 154.70 and Rs 155.20 of Wednesday, respectively.
RUPEE IN ISLAMABAD AND RAWALPINDI: The value of rupee remained unchanged against dollar at the currency exchange establishments of Islamabad and Rawalpindi here on Thursday.
The dollar opened at Rs 96.9 (buying) and Rs 97 (selling) against same last rate. It did not observe further change in the evening session and closed at Rs 96.9 (buying) and Rs 97 (selling).
Pound Sterling opened at Rs 153 (buying) and Rs 153.5 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 153 (buying) and Rs 153.5 (selling).