THE RUPEE: rates slip

The rupee drifted lower against the dollar on the money market on Monday in the process of trading, dealers said. The rupee shed 10 paisas in relation to the dollar for buying and selling at Rs 110.60 and Rs 110.90, they said.
OPEN MARKET RATES: The rupee also lost 65 paisas in terms of the euro for buying and selling at Rs 131.40 and Rs 133.40, they added.
INTER-BANK MARKET RATES: The inter-bank market rates not issued due to bank cloing, they said.
In first Asian trade, most of the money markets were closed on account,f New Year. Inter bank buy/sell rates for the taka against the dollar on Monday.
82.70-82.70 (Previous 82.70-82.70).

Open Market Rates: Open Market Rates For Dollar on Monday.

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Bid Rate       Rs 110.60

Offer Rate     Rs 110.90

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RUPEE IN LAHORE: The rupee-dollar parity stayed unchanged amidst sluggish trend in the local currency market on Monday.
According to currency dealers, the US dollar resumed trading on its last closing trend of Rs 110.30 and Rs 110.90 as its buying and selling rates, respectively.
Following sluggish trend, the dollar did not witness any change in its demand and supply situation as its opening trend travailed till close of trading, they added.
In addition, the national currency showed strength as it recovered its earlier losses versus the pound sterling.
The pound's buying and selling rates slid from Saturday's closing of Rs 146.50 and Rs 147.80 to Rs 146.40 and Rs 147.60 respectively, they said.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee at the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 110.65 (buying) and Rs 110.75 (selling) against same last week's rate. It closed at Rs 110.65 (buying) and Rs 110.75 (selling).
Copyright Business Recorder, 2018