Daily Times

The greenback closed firm in value versus rupee in the interbank and in open market on demand by importers and corporate sector.

The greenback closed at Rs 132.80 for buying and Rs 133 for selling with a gain of Re 1 in interbank.

The domestic unit is likely to remain under some pressure in couple of coming weeks because of dull influx of remittances while banks are maintaining to meet their demand, which would likely keep rupee in firm zone.

The euro closed at Rs 152.26 for buying and Rs 152.46 for selling, closed dull by 70 paisas in value against domestic unit. The pound sterling closed at Rs 172.66 for buying and Rs 172.86 for selling. It remained firm by 43 paisas versus rupee.

Kerb market: The dollar closed firm in the open currency market. The US dollar closed firm by Re 1 to stay at Rs 132 for buying and Rs 132.20 for selling, from previous session’s level. Earlier in the day it was trading at Rs 131.87 for buying and Rs 132.19 for selling.

The pound sterling closed at Rs 172.25 for buying and Rs 172.45 for selling, it stood firm by 25 paisas.

The euro closed at Rs 151 for buying and Rs 151.20 for selling. It remained up by 09 paisas on demand.

Published in Daily Times, October 16^th 2018.