KARACHI: On Monday, upon market closing, Pakistan Rupee showed a mixed behaviour where it lost value, remained unchanged and gained value against major currencies in open and interbank markets.
INTER-BANK MARKET RATES: RATES: In the interbank market, Pakistan Rupee weakened by 10 paisas for buying while remaining unchanged for selling against USD over last Friday's rates closing at 166.50 and 166.70 respectively.
OPEN MARKET RATES: In the open market, PKR gained 30 paisas for buying and 20 paisas for selling against USD over last Friday's rates closing at 166.50 and 167.00 respectively.
Against Euro, PKR remained unchanged for both buying and selling with respect to Friday's rates closing at 184.50 and 186 respectively.
Against UAE Dirham, PKR gained 5 paisas for both buying and selling closing at 44.90 and 45.30 respectively.
Against Saudi Riyal, PKR weakened by 5 paisas for buying while gaining 15 paisas for selling closing at 43.90 and 44.10 respectively.
======================== Open Bid Rs 166.50 Open Offer Rs 167.00 ========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Monday.
======================== Bid Rate Rs 166.50 Offer Rate Rs 166.70 ========================
RUPEE IN LAHORE: The Pak rupee recovered its earlier losses in the process of trading against the American dollar in the open currency market on Monday.
Following lack of buyers' interest in the market, the dollar remained under selling pressure and ended lower for buying and selling at Rs 166.50 and Rs 167.70 against the previous closing rate of Rs 166.70 and Rs 167.90 respectively, local currency dealers said.
On the contrary, the national currency depreciated its worth in relation to the pound sterling that was bought and sold at Rs 205.00 and Rs 206.70 against the last closing trend of Rs 204.50 and Rs 206.20 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee recovered Re 1 against the dollar at the open currency markets of Islamabad and Rawalpindi here on Monday.
The dollar opened at Rs 167 (buying) and Rs 167.10 (selling) against last week's rate of Rs168 (buying) and Rs 168.10 (selling).
It closed at Rs 167 (buying) and Rs 167.10 (selling).
The buying and selling rates of one tola of gold remained Rs 108,900 (selling) and Rs 108,500 (selling) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.