Dollar dominates rupee

The greenback was up by seven paisas against the rupee during the day. The dollar started the day’s trading at Rs 80.51 for buying and after gaining strength closed at Rs 80.58 for buying and Rs 80.63 for selling.

However, the European single currency continued its downward trend for the second consecutive session as the rupee incurred a gain of 92 paisas during the day. The euro commenced the day’s trading at Rs 109.36 for buying and after losing strength closed at Rs 108.44 for buying and Rs 108.64 for selling.

Similarly, the rupee gained grounds against the British currency. The pound sterling kicked off the day’s trading at Rs 118.65 for buying and after shedding grounds was changing hands at Rs 117.63 for buying and Rs 117.83 for selling at the end of the day’s trading. Therefore, the national currency recorded a gain of Rs 1.02.

Open market: The dollar did not witness any change against the rupee during the day, dealers said.

The greenback kicked off the day’s trading at Rs 80.25 for buying, remained stable and closed at Rs 80.25 for buying and Rs 80.75 for selling.

The rupee recorded losses versus the euro as the European single currency recorded a gain of Rs 1.08. The euro started the day’s trading at Rs 107.92 for buying, gained strength and closed at Rs 109.00 for buying and Rs 111.00 for selling.

The British currency also appreciated by 12 paisas against the rupee. The pound sterling commenced the day’s trading at Rs 114.88 for buying and after gaining strength closed at Rs 115.00 for buying and Rs 117.00 for selling. Daily Times

Spot rates for public per unit of currency

March 26, 2009

Countries               Selling               Buying              Buying

                               T.T & O.D           T.T Clean           O.D/T.Chq

U.S.A.                      80.45                  80.25                 80.07

U.K.                         117.49                117.2                 116.92

Euro                        109.22                108.95               108.68

Canada                    65.38                  65.21                 65.04

Switzerland              71.67                  71.49                 71.3

Australia                  56.38                  56.24                 56.1

Sweden                   10                      9.97                   9.94

Japan                      0.8228                0.8208               0.8186

Norway                    12.35                  12.32                 12.29

Singapore                53.29                  53.16                 53.02

Denmark                 14.66                  14.63                 14.59

Saudi Arabia            21.45                  21.4                   21.34

Hong Kong               10.38                  10.35                 10.33

China                       11.78                  11.75                 11.72

Kuwait                     277.46                276.77               276.04

Malaysia                  22.17                  22.11                 22.06

Newzealand              46.38                  46.26                 46.14

Source:-APP

Exchange Rates for Currency Notes

Countries                              Selling                      Buying

                                             Rs.                           Rs.

U.S.A                                     81.25                        79.27

S.Arabia                                 21.67                        21.13

U.K                                        118.67                       115.75

Japan                                     0.831                        0.8104

Euro                                      110.32                       107.59

U.A.E                                     22.12                        21.57

Source: -APP

Bullion rates in Rupees per 10 grams

on March 26, 2009

KARACHI

Gold Tezabi (24-ct)                                         Rs24342.00

Silver Tezabi (24-ct)                                        Rs325.71

LAHORE

Gold Tezabi (24-ct)                                         Rs24391.00

Gold (22-ct)                                                    Rs22359.00

Gold (21-ct)                                                    Rs21343.00

Silver Tezabi (24-ct)                                        Rs324.00

Silver Thobi (bar)                                            Rs315.50

MULTAN

Gold Tezabi (24-ct)                                         Rs24000.00

Silver Thobi                                                    Rs382.00

Gold Tezabi (22-ct)                                         Rs21940.00

Silver Tezabi                                                  Rs385.00

(Bullion rates from Hyderabad not received). —APP