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Home Markets Currencies

US dollar strengthens in open market

byCustoms Today Report
19/09/2014
in Currencies, Markets
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KARACHI: Pakistani rupee weakened in open market and remained stable in inter-bank against US dollar on the last working day of the trading week in the local currency market.

According to currency market, US dollar gained 5 paisa in open market to reach 102.85 and remained stable with 102.6 in inter-bank. On Thursday, US dollar gained 10 paisa and reach 102.6 in inter-bank, while it lost 10 paisa to reach 102.8 in open market.

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According to economic experts, US dollar could further gain value due to the current political deadlock in the country. Pakistan Tehreek-e-Insaaf Chairman Imran Khan’s G0-Nawaz-Go Day call on Friday might affect rupee value in local market, they added.

Tags: Imran Khaninter-bankopen marketpaisaPakistan Tehreek-e-InsaafPakistani Rupeepolitical deadlockstablestrengthensUS dollarweakened

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