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The rupee depicted marginal change in terms of the dollar on the inter-bank market on Monday, marketmen said.
INTER-BANK MARKET RATES: RATES: The rupee moved cautiously against the dollar for buying and selling Rs 166.00 and Rs 166.50 respectively, they said.
During the day, the rupee went up, later it came down due to balance demand and supply, they added.
In the first Asian market, the dollar snapped a week of declines and the safe-haven yen found support on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty.
After its worst week since 2009, the greenback climbed against the pound, euro, kiwi and the Australian dollar in a cautious Asian session.
Sterling was last 0.8% softer at $1.2357, the Aussie down 0.5% at $0.6134, while the euro fell by the same margin to $1.1077.
The dollar was trading against the Indian rupee at Rs 75.340, the US currency was at 4.343 in terms of the Malaysian ringgit and the greenback was at 7.094 versus the Chinese yuan.

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

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Bid Rate       Rs 166.00
Offer Rate     Rs 166.50
========================

RUPEE IN ISLAMABAD AND RAWALPINDI: The open currency markets of Islamabad and Rawalpindi remained close on Monday.
Currency shops in Blue Area, Jinnah super market and super market of Islamabad remained close during the day. Similarly, most of such dealers' shops remained close in Rawalpindi.
However, few currency dealers booked deals on phone. The buying and selling rates of dollar remained at Rs 166 (buying) and Rs 166.10 (selling) throughout the day.
The buying and selling rates of one tola of gold were Rs. 95,700 and Rs 95,500 (buying) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.

Copyright Business Recorder, 2020