Oct 282008
 

KARACHI: The rupee lost its value against the dollar in the inter-bank, dealers said on Monday. The US currency commenced the day’s trading at Rs 81.43 for buying and after gaining strength was changing hands at Rs 81.56 for buying and Rs 81.61 for selling. The rupee incurred a loss of 13 paisas during the day’s trading. The 15-nation currency continued its negative movement against the rupee and lost Rs 1.08 throughout the day’s trading. The euro started off the day’s trading at Rs 102.04

for buying, lost strength and was changing hands at Rs 100.96 for buying and Rs 101.16 for selling. The British currency recorded losses against the national currency as the pound sterling kicked off the day’s trading at Rs 125.57 for buying, depreciated and was changing hands at Rs 125.04 for buying and Rs 125.24 for selling at the end of the day’s trading. Therefore, the national currency recorded a loss of 53 paisas.Open market: The rupee did not witness any change against the US currency in the open market, dealers said on Monday. The dollar kicked off the day’s trading at Rs 82.75 for buying and closed at the same at Rs 82.75 for buying and Rs 83.25 for selling at the end of the day’s trading. The national currency was also stable against the euro. The euro commenced the day’s trading at Rs 106.00 for buying, did not show any change in its strength and closed at the same rate of Rs 106.00 for buying and Rs 108.00 for selling at the end of the day’s trading. The pound sterling remained unchanged against the national currency as it commenced the day’s trading at Rs 133.00 for buying and closed at same level of Rs 133.00 for buying and Rs 136.00 for selling at the end of the day’s trading.

 

 

Daily Times, 28/10/2008

 Posted by at 9:33 am

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