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Rupee vs dollar set to break Rs100 barrier, records 1.793% jump in 4 days, at Rs101.3

byCustoms Today Report
12/11/2014
in Currencies, Markets
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KARACHI: Pakistani rupee is set to break Rs100 barrier as it records 1.793 per cent jump against US dollar in 4 days and reached Rs101.3.

As per the local currency market, the US dollar shed 60 paisa in interbank to reach 101.3, while it remained firm in open market at 102. On Monday, the greenback lost 50 paisa in interbank to reach 101.9, while it dropped 50 paisa in open market to stand at 102.

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On Friday, US dollar lost 60 paisa in open market to stand at 102.5 and 50 paisa in interbank to reach 102.4. On Thursday, Pakistani rupee strengthened against US dollar both in open market and interbank. As per the local currency market, US dollar lost 5 paisas in open market to stand at 103.1 and 10 paisas in interbank to reach 102.9. On Wednesday, greenback shed 15 paisas in open market to stand at 103.15 and 10 paisas in interbank to reach 102.9.

Tags: currency marketgreenbackInterbankopen marketpaisaPakistani RupeeRs100 barrierUS dollar

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