KARACHI: The dollar closed flat in the interbank and open markets against rupee on dull demand, treasurers said.
The dollar remained unchanged to close at Rs 104.30 for buying and Rs 104.50 for selling with no increase compared to previous closing. The gap of the greenback rates between the interbank and kerb markets remained 75 paisas on day’s average.
Commercial banks made payments for imports, while forex inflow remained between $7 million to $7.2 million, bankers said. They said State Bank of Pakistan did not make any intervention in the market, as there was more liquidity in the banks. The domestic currency remained stable against the dollar while greenback’s demand for different payments was still on cards.
The euro lost 33 paisas in the interbank to close at Rs 117.27 for buying and Rs 117.50 for selling. And the pound sterling remained firm to close at Rs 150.58 and Rs 150.80 for buying and selling respectively. It gained 82 paisas.
Kerb Market: The dollar closed flat in the open currency market on dull demand. The greenback closed at Rs 105.30 for buying and Rs 105.50 for selling in the open market. The pound sterling closed up at Rs 151 for buying and Rs 151.50 for selling, it gained 85 paisas against the rupee while the euro closed at Rs 117.75 for buying and Rs 118.20 for selling, after a loss of 23 paisas.