KARACHI: Greenback closed unchanged in value versus domestic unit in interbank while edged lower in open market. Dollar changed hands versus rupee at 105.25 for buying and at Rs 105.45 for selling with no variation in value in interbank.
Pound Sterling remained down in value versus rupee and closed at Rs 140.72 for buying and closed at Rs 140.92 for selling, losing 38 paisas while euro also witnessed same trend to close at Rs 123.96 for buying and at Rs 124.16 for selling in interbank trading. It shed 07 paisas. In kerb market, greenback remained dull in value versus rupee and closed at Rs 106.60 for buying and at Rs 106.80 for selling with a decline of 10 paisas. Pound closed dull at Rs 141.50 for buying and at Rs 141.70 for selling with 25 paisas downward change. Euro remained flat in value and closed at Rs 124.50 for buying and at Rs 124.70 for selling. Treasurers and currency dealers said weak value of major currencies versus rupee was due to lower demand from corporate and meager import bills payment.
Published in Daily Times, October 3rd 2017.
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