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KARACHI: On Tuesday, Pakistan Rupee remained largely unchanged in open market while gaining value against USD in interbank market.

INTER-BANK MARKET RATES: In the interbank market, Pakistan Rupee gained 20 paisas for both buying and selling against USD over yesterday's rates closing at 165.60 and 165.80 respectively.

OPEN MARKET RATES: In the open market, PKR remained unchanged for both buying and selling against USD over yesterday's rates closing at 166 and 167 respectively.

Against Euro, PKR lost 50 paisas for both buying and selling closing at 198 and 199.50 respectively.

Against UAE Dirham, PKR remained unchanged for both buying and selling closing at 45.10 and 45.30 respectively.

Against Saudi Riyal, PKR remained unchanged for both buying and selling closing at 43.90 and 44.10 respectively.

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Open Bid       Rs 166.00
Open Offer     Rs 167.00
========================

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

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Bid Rate       Rs 165.60
Offer Rate     Rs 165.80
========================

RUPEE IN LAHORE: The Pak rupee showed strength as it appreciated its worth against the American dollar in the local currency market on Tuesday.

Following lack of buyers' interest in the market, the dollar remained under selling pressure throughout the trading session and ended lower for buying and selling at Rs 166.00 and Rs 167.40 against the overnight closing rate of Rs 166.50 and Rs 168.00 respectively, local currency dealers said.

On the other hand, the rupee continued downward slide for the second consecutive day versus the pound sterling. Consequently, the pound's buying and selling rates further improved from the Monday's closing trend of Rs 220.00 and Rs 221.80 to Rs 221.00 and Rs 222.00 respectively, they added.

RUPEE IN ISLAMABAD AND RAWALPINDI: ISLAMABAD: The rupee gained Rs 1 against the dollar at the open currency markets of Islamabad and Rawalpindi here on Tuesday.

The dollar opened at Rs 167 (buying) and Rs 167.10(selling) against last rate of Rs 168 (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 was Rs. 123,000(selling) and Rs 122,900 (buying) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.

Copyright Business Recorder, 2020

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