Pak Rupee faced up against US Currency by Monday

(September 1st 2009 Forexkp): Pak rupee recovery is going on slightly against dollar today in the currency market, As per the figures of market Pak rupee on the interbank market the gained 8 paisa versus US Dollar for buying and selling at 83.02 and 83.07

.Asian market shown at its opening that yen rose to its highest in seven weeks against US dollar, This boost is seems due to fulfilling the expectations of Japanese with at the end of election uncertainty, wining of the opposition Democratic Party of Japan (DPJ) in association of dollar sell orders. The yen edged up and gathered pace as automatic dollar sell orders were triggered close to 93.00 yen per dollar.

Interbank market rates on Monday: Interbank rates on closing of the day on Monday observed after a gain of 8 paisa as Buying Rs. 83.02 and selling Rs. 83.07, On Tuesday Pak rupee is again in up trend against US Dollar by buying at 82.90 and selling at 83.10.

OPEN MARKET RATES: The rupee rose up to five paisa in parallel to dollar for buying and selling at 82.95 and 83.05, dealers said. Pak rupee also gained by 50 paisa against euro for buying and selling at Rs 117.30 and Rs 117.80. On Tuesday Pak Rupee is on rise into the Open Market buying 82.85 and selling 83.20.