| GEO Business|
| Rupee improves against dollar|
| Updated at: 2053 PST, Monday, May 12, 2008|
ISLAMABAD: Rupee value was seen rising at the beginning of the trading on Monday, following last week's record slides.
Dollar in the inter-bank trading this morning was seen exchanged at Rs 66.90 as against the Friday lowest at Rs 69.40, showing a rise by 3 percent, Geo reported.
Escalating import bill of oil and the apprehensions on the prevalent political and social in the country triggered this year a downslide in the value of rupee.
Dollar was seen sold in the ready market and telegraphic transfer at Rs 68.30 and Rs 68.50.
Other currencies as against Rupee exchanged: British Pound at Rs 133.00, Euro at Rs 105.35, Japanese Yen at Rs 0.664, Emirates Dirham at Rs 18.60, Saudi Riyal at Rs18.30, while Canadian dollar at Rs 67.50.