Daily Times

The greenback remained flat in value against the rupee in the interbank and lost value in open market. It started the day’s trading at Rs 121.40 for buying and closed at Rs 121.40 for buying and closed at Rs 121.60 for selling.

Better inflow of forex and dull demand from corporate and private sector put rupee firm.

The euro stood dull against rupee as it started the day’s trading at Rs 142.68 for buying, with downward correction by 20 paisas it closed at Rs 142.48 for buying and at Rs 142.68 for selling. The pound sterling remained firm against the local currency as it initiated the day’s trading at Rs 160.65 for buying, after 28 paisas upward change closed at Rs 160.93 for buying and Rs 164.17 for selling.

Open market: The dollar remained minus in value against the rupee. It started the trading at Rs 124.30 for buying, closed at Rs 124.20 for buying after 10 paisas change and closed at Rs 124.40 for selling. The euro remained flat against the rupee as it started the day’s trading at Rs 144 for buying and closed at same value for buying and closed at Rs 144.20 for selling. The pound stood dull against the rupee as it started the day’s trading at Rs 163, down by 17 paisas and closed at Rs 162.83 for buying and closed at Rs 163.03 for selling.

Published in Daily Times, July 12^th 2018.