KARACHI: The greenback closed even in value versus rupee due to trivial demand from corporate sector and importers in interbank market. Commercial banks kept watching dollar’s inflow and outflow in order to provide support to local currency.
The dollar closed at Rs 104.30 for buying and Rs 104.50 for selling. It remained unchanged against the rupee. The dollar traded at a low of Rs 104.29. The dollar rate differential between kerb and interbank markets remained Rs 1.85 on average.
Currency dealers said dollar remained in low demand by the corporate sector and importers while payments for import bills also remained on lower side.
Commercial banks were watching the rupee to avoid fall versus dollar.
The euro remained up in the interbank market to close at Rs 116.51 for buying and Rs 116.72 for selling after 18 paisas change. The pound sterling remained down at Rs 135.70 and Rs 135.95 for buying and selling respectively. It shed 59 paisas.
Kerb Market: The dollar remained down in value in the open market following dull demand from corporate and private sector in interbank, foreign exchange dealers said.
The dollar closed at Rs 106.20 for buying and Rs 106.42 for selling in the open market against rupee. It lost 05 paisas. The demand and supply of dollar in the open market was normal, traders said.
The pound sterling closed flat at Rs 139 for buying and Rs 139.35 for selling after no change against rupee, while euro remained firm at Rs 117.9 for buying and closed at Rs 118.25 for selling. It gained 60 paisas.
