INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 138.30 and Rs 138.80 respectively, they said. The rupee almost traded within present levels against the euro for buying and selling at Rs 156.30 and Rs 158.00 respectively, they said.
In the first Asian trade, the risk-sensitive Australian dollar rose and the yen sagged in early Asian trade on Monday after US President Donald Trump said he will delay increasing tariffs on Chinese goods on March 1, citing "substantial progress" in trade talks.
The offshore yuan strengthened 0.3 percent to 6.6806 yuan against the dollar, its highest level since mid-July, also on the news he will not raise tariffs on $200 billion of Chinese imports to 25 percent from 10 percent.
The Japanese yen eased 0.1 percent to 110.75 yen to the dollar, while the euro gained 0.1 percent to $1.1346. The dollar index against a basket of six major currencies barely moved and was at 96.446.
The dollar was trading against the Indian rupee at Rs 71.000, the greenback was available versus the Malaysian ringgit at 4.068 and the US currency was at 6.690 in relation to the Chinese yuan.
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Open Bid Rs.138.30
Open Offer Rs.138.80
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
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Bid Rate Rs.138.58
Offer Rate Rs.138.60
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RUPEE IN LAHORE: The Pak rupee depreciated its worth on buying side while it stayed unchanged on selling side in relation to the American dollar in the local currency market on Monday.
According to currency dealers, the US dollar gained 10 paisas and ended higher for buying at Rs 138.60 against the previous closing rate of Rs 138.50 whereas it stayed unchanged for selling at Rs 139.20.
Furthermore, the local currency failed to sustain as it registered reduction versus the pound sterling. The pound's buying and selling rates rose from the Saturday's closing of Rs 179.20 and Rs 180.50 to Rs 179.50 and Rs 180.70 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee gained 15paisa against the dollar at the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs138.40 (buying) and Rs 138.45(selling) against last rate of Rs138.55 (buying) and Rs 138.60(selling). It closed at Rs138.40 (buying) and Rs 138.45(selling).
The buying and selling rates of one tola of gold was Rs. 68,150 (selling) and Rs 68,100(buying) in the local Sarafa (gold) markets of Rawalpindi and Islamabad.