Daily Times

The dollar closed flat in value against the rupee in the interbank market, treasurers said. It started the day’s trading at Rs 121.40 for buying, with no variation in value closed at same value for buying and Rs 121.60 for selling in interbank. The euro witnessed downward trend against rupee as it started day’s trading at Rs 142.88 for buying, closed at Rs 142.68 for buying and closed at Rs 142.88 for selling after shedding 20 paisas. The pound sterling remained down against local currency as it initiated the day’s trading at Rs 161.39 for buying and closed at Rs 160.65 for buying and Rs 160.85 for selling after losing 74 paisas.

Open market: The dollar remained up against the rupee, dealers said. It started the day’s trading at Rs 124.20 for buying and closed at Rs 124.30 for buying after 10 paisas upward variation in value and stood at Rs 124.50 for selling. The euro remained dull versus the rupee as it started the day’s trading at Rs 145 for buying, and with Re 1 change in value it closed at Rs 144 for buying and at Rs 144.20 for selling. The pound remained down against the rupee as it started the day’s trading at Rs 164 for buying, closed depressed by Re 1 for buying and closed at Rs 163 for selling.

Published in Daily Times, July 11^th 2018.