INTERBANK MARKET RATES: OPEN MARKET RATES: The rupee followed the same pattern, showing no change versus the dollar for buying and selling at Rs 106.00 and Rs 106.20 respectively, they added. The rupee, however, gained 30-paisa in relation to the euro for buying and selling at Rs 115.30 and Rs 116.30, they added.
In the second Asian trade, the dollar edged down against the euro and yen in Asian trade, moving back toward a more than four-month low against the perceived safe-haven Japanese currency as crude oil prices continued to tumble.
Crude oil futures approached a 20 percent drop since the beginning of the year, with both US crude and global benchmark Brent down more than 1 percent. China set another firm fix for its currency and stepped up a verbal campaign to convince markets it remains in control. But the yuan slipped slightly in early trade despite what dealers called aggressive intervention to support the currency. The euro added about 0.2 percent to $1.0876.
The dollar was trading against the Indian rupee at Rs 66.88, the US currency was at 4.4000 in terms of the Malaysian ringgit and the greenback was at 6.5741 in relation to the Chinese yuan. Interbank buy/sell rates for the taka against the dollar on Tuesday: 78.50-78.50 (previous 78.50-78.50).
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Open Bid Rs.106.00
Open Offer Rs.106.20
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.
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Bid Rate Rs.104.93
Offer Rate Rs.104.94
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RUPEE IN LAHORE: The rupee was unchanged against the dollar amid low trading on Tuesday, dealers said. The dollar did begin at its Monday closing of Rs 106.00 and Rs 106.25 on buying and selling and in the absence of any change in the dollar's demand and supply, the opening rates prevailed throughout the day, they said.
The rupee was strong on buying side while it did remain unchanged on selling against the British pound that was traded at Rs 153.80 and Rs 155.00 on buying and selling as compared with the previous closing of Rs 154.00 and Rs 155.00, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar further gained strength against the Pak rupee at the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 106 (buying) and Rs 106.20 (selling) against same last rate. It did not observe further change in the second session and closed at Rs 106 (buying) and Rs 106.20 (selling).
Pound Sterling opened at Rs 158 (buying) and Rs 158.50 (selling) against same overnight value. It did not observe further change in the evening session and closed at Rs 158 (buying) and Rs 158.50 (selling).