Pak Rupee: Dollar starts up in new fiscal year

Friday July 03, 2009

KARACHI: The rates opened on bearish note on the interbank market on Thursday as the rupee lost 15 paisa against dollar for buying at 81.50 and 10 paisa for selling at 81.55, dealers said. The interbank market reopened after observing one-day holiday on account of bank closure, they said.

In the fourth Asian trading dollar edged up from close to three-week lows as the market awaited monthly jobs figures as a guide to recovery in the US economy but also kept a watchful eye on debate about reserve currencies.

Open Market Rates: The rupee retained its overnight level against dollar for buying at 81.25 while it shed 5 paisa for selling at 81.40, dealers said. The rupee fell in terms of euro losing 30 paisa for buying and selling at Rs 113.62 and Rs 114.62, they said.

Buying Rs 81.50
Selling Rs 81.55

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

Open Buying Rs 81.25
Open Selling Rs 81.40

(BRecorder)