Pakistan rupee loses strength against dollar: gold rates 20-Jan-09

KARACHI: The national currency lost heavily against the dollar in the inter-bank market, dealers said on Monday.

The American currency commenced the day’s trading at Rs 79.30 for buying, witnessed a massive gain and closed at Rs 79.60 for buying and Rs 79.65 for selling. Thus, the local currency recorded a loss of 30 paisas.

The national currency was down against the European single currency as the euro opened the day’s trading at Rs 105.17 for buying, gained grounds and was changing hands at Rs 105.77 for buying and Rs 105.97 for selling at the end of the day’s trading. Therefore, the local currency incurred a loss of 50 paisas. However, the pound sterling lost Rs 1.66 against the national currency. The British currency kicked off the day’s trading at Rs 118.37 for buying and after losing strength was changing hands at Rs 116.71 for buying and Rs 116.91 for selling at the end of the day’s trading.

Open Market: The national currency remained weak against the dollar in the open market during the day’s trading, dealers said on Monday.

The American currency opened the week’s trading at Rs 79.20 for buying and after appreciating was changing hands at Rs 79.22 for buying and Rs 79.80 for selling at the end of the day’s trading. Thus, the local currency was down by two paisas.

The European single currency gained strength against the national currency as the euro kicked off the day’s trading at Rs 104.50 for buying and after witnessing a positive trend during the day’s trading closed at Rs 105.50 for buying and Rs 108.50 for selling. Therefore, the national currency recorded a loss of Re 1. Similarly, the British currency remained positive against the national currency. The national currency recorded a loss of Re 1. The pound sterling started the day’s trading at Rs 116.50 for buying and after gaining strength closed at Rs 117.50 for buying and Rs 120.50 for selling. Daily Times

January 19, 2009

Countries

Selling

Buying

Buying

 

T.T & O.D

T.T Clean

O.D/T.Chq

U.S.A.

79.25

79.05

78.85

U.K.

118.01

117.71

117.34

Euro

105.88

105.61

105.27

Canada

63.93

63.77

63.6

Switzerland

70.97

70.79

70.61

Australia

54.03

53.89

53.75

Sweden

9.81

9.78

9.76

Japan

0.8727

0.8705

0.8683

Norway

11.55

11.52

11.49

Singapore

53.31

53.18

53.04

Denmark

14.21

14.17

14.14

Saudi Arabia

21.13

21.08

21.02

Hong Kong

10.21

10.19

10.16

China

11.59

11.56

11.53

Kuwait

278.8

278.1

277.37

Malaysia

22.2

22.14

22.08

Newzealand

43.88

43.77

43.65

Source:-APP

 

 

Exchange Rates for Currency Notes

Countries

Selling

Buying

 

Rs.

Rs.

U.S.A

80.04

78.06

S.Arabia

21.34

20.81

U.K

119.19

116.17

Japan

0.8815

0.8596

Euro

106.94

104.22

U.A.E

21.79

21.25

Source: -APP

 

 

 

Bullion rates in Rupees per 10 grams

on January 19, 2009

KARACHI

Gold Tezabi (24-ct)

Rs 21,342

LAHORE

Gold Tezabi (24-ct)

Rs 21,391

Gold (22-ct)

Rs 19,608

Gold (21-ct)

Rs 18,717

Silver Tezabi (24-ct)

Rs 293.50

Silver Thobi (bar)

Rs 284.75

MULTAN

Gold Tezabi (24-ct)

Rs 21,170

Gold (22-ct)

Rs 19,360

Silver Tezabi

Rs 344.00

Silver Thobi

Rs 342.00

NOTE: Rates from Hyderabad not received.—APP

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