Friday, May 28, 2010

WORLD FOREX: Dollar steps forward Vs Rupee

KARACHI: The dollar gained strength versus the rupee in the interbank market, dealers said on Tuesday.

The dollar initiated the day’s trading at Rs 84.55 for buying, appreciated by 10 paisas and closed at Rs 84.65 for buying and Rs 84.70 for selling.

Look at Dollar in open market currency rates

Other Currencies Vs Rupee: The euro shed strength versus the rupee, as it started the day’s trading at Rs 104.57 for buying, depreciated by Rs 1.26 and closed at Rs 103.31 for buying and Rs 103.51 for selling. Similarly, the pound sterling remained low versus the rupee, as it started the day’s trading at Rs 121.57 for buying, lost 70 paisas and closed at Rs 120.87 for buying and Rs 121.07 for selling.

The dollar appreciated versus the rupee, dealers said. The dollar commenced the day’s trading at Rs 84.50 for buying, gained 20 paisas and closed at Rs 84.70 for buying and Rs 84.85 for selling. The euro also recorded losses versus the rupee, as it started the day’s trading at Rs 104.40 for buying and after losing Rs 1.95 closed at Rs 102.45 for buying and Rs 102.95 for selling.

see forex rates in Pakistan

The pound sterling also recorded losses against the rupee, as it initiated the day’s trading at Rs 121.25 for buying, depreciated by Rs 1.35 and closed at Rs 119.90 for buying and Rs 120.40 for selling.

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