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Home Latest News

Dollar gains 13 paisa against rupee in interbank market

byCT Report
27/12/2019
in Latest News, Markets, Stock Exchange
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Trade in and out of Afghanistan from Pakistan appeared to be flowing as normal, however, with traffic at the Torkham border crossing apparently undisturbed,  despite the historic detonation roughly 50 kilometres away. / AFP PHOTO / ABDUL MAJEED        (Photo credit should read ABDUL MAJEED/AFP via Getty Images)

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KARACHI: The US dollar appreciated 13 paisa versus the rupee in the interbank market at the start of trade on Friday.
According to forex dealers, the greenback is trading at 155.20 against the local currency in the interbank market. They said the dollar has appreciated 31 paisa against the rupee over the past two days.
The rupee had extended upward trend against the US dollar in the interbank market last week.
According to a weekly report, the local currency appreciated seven paisa to close at 154.89 against the greenback in the interbank market as compared to the previous closing of 154.96.
However, the dollar had appreciated 30 paisa to finish at 155 from 154.70 against the rupee in the open market, according to the Exchange Companies Association of Pakistan.
Take a look: Pakistan Stock Exchange witnesses bullish trend, 100 index gains 421 points

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