The US currency appreciated by 30 paisas against the domestic unit due to outflow in the form of importers’ payments and a meagre supply of remittances and export proceeds. The dollar, which was trading at Rs 133 in the interbank market during first half of trading closed at Rs 133.30 for buying and at Rs 133.50 for selling. To lift the falling rupee, the central bank tried hard and made repeated interventions through different banks although SBP said they did not try to support domestic currency. Oil import bill accounted for major chunk of the payments from interbank market. Roughly $270 to $280 million are now required each month to provide for oil import bill. The euro closed at Rs 151.37 for buying and Rs 151.57 for selling, gaining 28 paisas. The pound sterling closed at Rs 172.90 for buying and Rs 173.10 for selling. It rose by 87 paisas. Kerb market: The rupee ended lower in the open currency market. The US dollar closed at Rs 133.70 for buying and Rs 133.90 for selling, rising 10 paisas from previous session’s level. The pound sterling closed at Rs 173 for buying and Rs 173.20 for selling, it gained 50 paisas from previous session’s level. The euro closed at Rs 150.75 for buying and Rs 150.95 for selling. It gained 25 paisas. Published in Daily Times, November 13th 2018.