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KARACHI: Pakistan Rupee exhibited a net loss in value on Monday in both interbank and open markets against USD after market close. It however, gained value against Euro in open market.

INTER-BANK MARKET RATES: RATES: In the interbank market, Pakistan Rupee lost 40 paisas against USD for buying and 30 paisas for selling over Friday's rates closing at 164.60 and 164.80 respectively.

OPEN MARKET RATES: In the open market, PKR lost 20 paisas for buying and 30 paisas for selling against USD over Friday's rates closing at 164.50 and 165.00 respectively.

Against Euro, PKR gained 50 paisas for both buying and selling over Friday's rates closing at 183 and 184.50 respectively.

Against UAE Dirham, PKR lost 10 paisas for both buying and selling closing at 44.35 and 44.50 respectively.

Against Saudi Riyal, PKR lost 10 paisas for buying and 15 paisas for selling closing at 43.25 and 43.50 respectively.

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Open Bid Rs 164.50

Open Offer Rs 165.00

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Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.

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Bid Rate Rs 164.60

Offer Rate Rs 164.80

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RUPEE IN LAHORE: The Pak rupee depreciated its worth on the buying side while it stayed unchanged on the selling side in relation to the greenback in the open currency market on Monday.

According to currency dealers, the greenback gained 30 paisas for buying and ended at Rs 164.50 against the opening rate of Rs 164.20 whereas it did not witness any change for selling at Rs 165.50.

Moreover, the rupee showed strength as it appreciated its worth against the pound sterling. The pound's buying and selling rates declined from the Saturday's closing trend of Rs 204.20 and Rs 206.00 to Rs 203.50 and Rs 205.00 respectively, they added.

RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee gained 25 paisas against the dollar at the open currency markets of Islamabad and Rawalpindi here on Monday.

The dollar opened at Rs165.25 (buying) and Rs 165.35 (selling) against last rate of Rs165 (buying) and Rs 165.10 (selling).

It closed at Rs165.25 (buying) and Rs 165.35 (selling).

The buying and selling rates of one tola of gold were Rs 106,200 (selling) and Rs 106,000 (selling) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.

Copyright Business Recorder, 2020

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