The US currency appreciated by 20 paisas against the domestic unit in interbank due to outflow in the form of importers’ payments and a moderate supply of remittances and export proceeds. The dollar, which was trading at Rs 124.10 in the interbank market during first half of trading closed at Rs 124.30 for buying and at Rs 124.50 for selling. To provide strength to rupee, the central bank tried hard and made repeated interventions through different banks. The euro closed at Rs 143.68 for buying and Rs 143.88 for selling, shedding 32 paisas. The pound sterling closed at Rs 161.72 for buying and Rs 161.92 for selling. It remained stand firm by 7 paisa. Kerb market: The dollar closed firm in the open currency market, said foreign exchange dealers. The US dollar closed at Rs 127.30 for buying and Rs 127.50 for selling, gaining 30 paisas from previous session’s level. Earlier in the day it was trading at Rs 127.20 for buying and Rs 127.49 for selling. The pound sterling closed up at Rs 165.25 for buying and Rs 165.45 for selling, with 25 paisas upward change from previous session’s level. The euro closed at Rs 146.75 for buying and Rs 146.95 for selling. It gained 25 paisas on demand. Published in Daily Times, September 3rd 2018.