THE RUPEE: dollar higher

Friday, August 28, 2009

KARACHI: The rupee moved both ways on the currency market on Thursday amid rising demand for the greenback, money analysts said. On the interbank market the rupee fell by 13 paisa against dollar for buying and selling at 82.88 and 82.93, experts said.

In the fourth Asian trading yen rose broadly as investors fretted that a rally in risk assets since March may have run ahead of a recovery in the global economy and on worries about the outlook for Chinese shares.

OPEN MARKET RATES: The rupee did not move any side in relation to dollar for buying and selling at 82.70 and 82.80, dealers said. The rupee, however, managed to gain modestly against the euro rising 55 paisa for buying at Rs 117.10 and it also gained 65 paisa for selling at Rs 117.60, they said.

Open Buying Rs 82.70 Open Selling Rs.82.80

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

Buying Rs.82.88 Selling Rs.82.93

(BRecorder)

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