The domestic currency sustained its stability in the interbank and open market against dollar as it remained dull in demand, treasurers said. The demand for dollar remained dull as it closed at Rs 133.70 for buying and Rs 133.90 for selling in interbank. The differential of dollar and rupee in the interbank and kerb market stood at 20 paisas on day’s average. Banks made payments for import bills, while inflow of dollar remained between $3.5 million to $4 million, bankers said. State Bank of Pakistan did not make any intervention in the market, in order to watch the open market mechanism. The euro remained firm in interbank to close at Rs 151.50 for buying and Rs 151.70 for selling. And the pound sterling stood firm by 24 paisas to close at Rs 174.24 and Rs 174.44 for buying and selling respectively. Kerb Market: The dollar closed dull in the open currency market on dull demand from private sector buyers. The greenback closed at Rs 133.95 for buying and Rs 134.15 for selling in the open market. It remained dull by 5 paisas. The volume of transactions was comparatively low. There was less than normal demand from corporate sector while supply was sufficient thus making it easy for domestic currency to sustain value. The pound sterling closed at Rs 173.50 for buying and Rs 173.70 for selling, it closed firm by 50 paisas against rupee while euro closed at Rs 150.50 for buying and Rs 150.70 for selling, after a gain of 50 paisas. Published in Daily Times, November 16th 2018.