THE RUPEE: mixed trend

The rupee moved both ways against the dollar on the money market on Tuesday, dealers said.
INTER-BANK MARKET RATES: The rupee slipped versus the dollar for buying and selling at R s 156.64 and Rs 156.66 respectively, they said.
OPEN MARKET RATES: The rupee was unchanged in terms of the dollar for buying and selling at Rs 156.20 and 156.70 respectively, they said. The rupee was available in terms of the euro for buying and selling at Rs 171.00 and Rs 172.50 respectively, they said.
In the second Asian trade, Sterling neared its weakest against the US dollar in more than two years on Tuesday amid mounting uncertainty as British lawmakers prepared to vote on the first stage of a plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit.
Johnson's opponents will put forward a vote that would enable them to seize control of the parliamentary agenda on Wednesday to try to pass legislation that would force Johnson to seek a three-month delay to Britain's EU exit. Johnson has made it clear that if the government was defeated, it would hold a vote on Wednesday to approve an early election, most likely to be held on Oct 14.
The dollar was trading against the Indian rupee at Rs 71.400, the greenback was at 4.223 versus the Malaysian ringgit and the US currency was at 7.181 in relation to the Chinese yuan.

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Open Bid       Rs.156.20
Open Offer     Rs.156.70
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Tuesday.

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Bid Rate       Rs.156.64
Offer Rate     Rs.156.66
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RUPEE IN LAHORE: The Pak rupee continued upward trend for the second consecutive day versus the greenback and the British pound in the local currency market on Tuesday.
Following lack of buyers' interest in the market, the greenback maintained downward slide for another day and ended further lower for buying and selling at Rs 156.10 and Rs 156.70 against the overnight closing rates of Rs 156.40 and Rs 157.00 respectively, local currency dealers said.
Similarly, the rupee also followed the suit in relation to the pound sterling. Consequently, the pound's buying and selling rates further slid from the Monday's closing of Rs 188.50 and Rs 190.00 to Rs 187.30 and Rs 188.60 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee gained 20 paisa against the dollar at the open currency markets of Islamabad and Rawalpindi here on Tuesday.
The dollar opened at Rs 156.80(buying) and Rs 156.90(selling) against last rate of Rs 157(buying) and Rs 157.10(selling).
It closed at Rs 156.80(buying) and Rs 156.90(selling).
The buying and selling rates of one tola of gold were Rs. 89,000 (selling) and Rs 88,500(buying) in the local Sarafa (gold) markets of Islamabad and Rawalpindi.