US dollar continued to post more gains as demand of greenback remained high in the currency exchange market on Monday. The US dollar kicked off new day’s trading at Rs.85.65, scored major gains amid high demand and was changing hands at Rs.85.80 at close of markets. Thus, rupee lost 0.15 paisas versus the American currency. On the international desk, the US dollar remained higher in fresh trading of new week posted advances by almost 1% versus Swiss franc.  Meanwhile, crude oil advanced by over 1% to $81.59-per barrel.

Pound Sterling gained hefty grounds versus the national currency amid significant rise in pound’s demand in the forex rates market. The cable commenced new day’s trading at Rs.135.30, scored gains amid increase in demand and was trading at Rs.136.00 at close of markets. Thus, rupee shed 0.70 paisas versis Pound in the kerb.

The single currency soared from its Friday’s position versus the national currency on Monday due to rise of euro’s demand. The 16-nation currency set off new day’s trading at Rs.112.30, posted more gains and was trading at Rs.112.80 on Monday. Thus, rupee lost 0.50 paisas versus euro. In the global markets on Monday, the eurozone’s common currency retreated versus the dollar to settle around the 1.32-handle. The economic data from Germany overnight was slightly better than expected with the headline June trade balance printing at 14.1 billion euros compared with a 9.8 billion euro surplus in May.

The emirates’ dirham showed no change versus rupee in the forex rate market on Monday. The UAE currency started off new day’s trading at its Friday’s trading of Rs.23.23, remained motionless on the desk and was trading at the same price at close of markets on Monday.