Dollar moves up against rupee

Published: February 6, 2012

KARACHI: The dollar rose against the rupee in the interbank market, dealers said Monday. It initiated the day’s trading at Rs 90.37 for buying, gained 15 paisas and closed at Rs 90.52 for buying and Rs 90.57 for selling. The euro depreciated against local currency as it began the day’s trading at Rs 118.82 for buying, lost 77 paisas and closed at Rs 118.05 for buying and Rs 118.25 for selling. The British currency fell against the rupee as it started the day’s trading at Rs 143.04 for buying, declined 61 paisas and closed at Rs 142.43 for buying and Rs 142.63 for selling.

Open market: The dollar witnessed gains against the rupee, dealers said. It began the day’s trading at Rs 90.40 for buying, rose 10 paisas and closed at Rs 90.50 for buying and Rs 90.70 for selling. The European currency recorded losses against the rupee as it started the day’s trading at Rs 118.20 for buying, fell 20 paisas and closed at Rs 118 for buying and Rs 119.20 for selling. The British pound depreciated against the local currency as it initiated the day’s trading at Rs 142.50 for buying, lost 70 paisas and closed at Rs 141.80 for buying and Rs 143.7 for selling.

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