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The rupee held the overnight levels against the dollar on the money market on Thursday in the process of trading activity, dealers said.

INTER-BANK MARKET RATES: The rupee inched up by one paisa in terms of the dollar for buying and selling at Rs 156.33 and Rs 156.35 respectively, they said.

OPEN MARKET RATES: The rupee was almost unchanged against the dollar for buying and selling at Rs 156.00 and Rs 156.50 respectively, they added.

The rupee shed 25 paisas versus the euro for buying and selling at Rs 170.75 at Rs 172.57 respectively, they added.

In the fourth Asian trade, the dollar eased on Thursday, sliding to fresh one-week lows against the euro and yen as investor anxiety deepened over fresh signs of slowing US economic growth and a broadening of global trade frictions.

The greenback fell overnight after data showed hiring by US private employers had cooled in September, the latest indicator that the Sino-US trade dispute is hurting the world's largest economy.

It remained wobbly in Asian hours, while stocks tumbled as investors grappled with the deepening global economic gloom.

The dollar was trading against the Indian rupee at Rs 71.110 and the greenback was available at 4.186 in terms of the Chinese yuan.


Open Bid Rs.156.00

Open Offer Rs.156.50


Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.


Bid Rate Rs.156.33

Offer Rate Rs.156.35


RUPEE IN LAHORE: The Pak rupee-greenback parity stayed firm amid sluggish trading activity in the local currency market on Thursday.

According to currency dealers, the demand and supply situation of the greenback did not observe any change throughout the trading session as it firmly sustained its opening rate for buying and selling at Rs 156.20 and Rs 156.45 respectively.

However, the local currency depreciated its worth in relation to the pound sterling.

Consequently, the pound's buying and selling rate rose from the Wednesday's closing of Rs 191.20 and Rs 192.20 to Rs 191.55 and Rs 192.80 respectively, they added.

RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar gained 10 paisa against the rupee at the open currency markets of Islamabad and Rawalpindi here on Thursday.

The dollar opened at Rs 156.70(buying) and Rs 156.80(selling) against last rate of Rs 156.60(buying) and Rs 156.70(selling).

It closed at Rs 156.70(buying) and Rs 156.80(selling).

The buying and selling rates of one tola of gold were Rs. 69,100 (selling) and Rs 69,000 (buying) in the local Sarafa (gold) markets of Islamabad and Rawalpindi.

Copyright Business Recorder, 2019

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