Tag: Interbank Foreign Exchange Market

KARACHI: The Pak Rupee made gain five paisas against dollar on Friday owing to inflows of export and remittances.

The rupee ended Rs154.57 to the dollar from previous day’s closing of Rs154.62 in interbank foreign exchange market.

Currency dealers said that the market witnessed supply of dollars during the day which helped the rupee to make gain.

The foreign currency market was initiated in the range of Rs154.65 and Rs154.68. The market recorded day high of Rs154.65 and low of Rs154.56 and closed at Rs154.57.

The exchange rate in open market witnessed stable rupee value. The buying and selling of dollar was recorded at Rs154.60/Rs154.90, the same previous day’s closing, in cash ready market.

KARACHI: The Pak Rupee depreciated by nine paisas on Wednesday owing to demand for import and corporate payments.

The rupee ended Rs154.62 to the dollar from previous day’s closing of Rs154.53 in interbank foreign exchange market.

Currency dealers said that the market witnessed buying activities in foreign currency from importers and corporate buyers.

The foreign currency market initiated in the range of Rs154.52 and Rs154.55. The market recorded day high of Rs154.63 and low of Rs154.55 and closed at Rs154.62.

The exchange rate in open market however witnessed appreciation in rupee value. The buying and selling of the dollar was recorded at Rs154.50/Rs154.80 from previous day’s closing of Rs154.60/Rs154.90 in cash ready market.

KARACHI: The Pak Rupee gained eight paisas against dollar on Wednesday owing to improve inflows of export receipts, dealers said.

The rupee ended Rs154.53 to the dollar from previous day’s closing of Rs154.61 in interbank foreign exchange market.

The currency dealers said that the sufficient supply of dollars in market was seen during the day.

They said that the market was also responded to improved economic conditions.

The foreign currency market was initiated in the range of Rs154.57 and Rs154.60. The market recorded day high of Rs154.57 and low of Rs154.53 and closed at Rs154.53.

The exchange rate in open market witnessed no change in rupee value. The buying and selling of dollar was recorded at Rs154.60/Rs154.90, the same previous day’s level, in cash ready market.

The Pakistani Rupee demonstrated resilience against the US Dollar on Tuesday, making a slight gain despite increased demand for imports and corporate payments, according to dealers in the interbank foreign exchange market.

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KARACHI: The Pak Rupee ended down by three paisas against dollar on Monday due to increase in demand for the foreign currency by importers and corporate buyers.

The rupee ended at Rs154.60 to the dollar from last Friday’s closing of Rs154.57 in interbank foreign exchange market.

The currency dealers said that the demand for the foreign currency was higher as market resumed trading after two days weekly holidays.

The foreign currency market was initiated in the range of Rs154.58 and Rs154.62. The market recorded day high of Rs154.66 and low of Rs154.54 and closed at Rs4154.60.

The exchange rate in open market witnessed stable rupee value. The buying and selling of dollar was recorded at Rs154.50/Rs154.80, the same last Friday’s closing, in cash ready market.

KARACHI: The Pak Rupee gained nine paisas against dollar on Friday owing to significant foreign inflows in debt market, dealers said.

The rupee ended Rs154.57 to the dollar as compared with previous day’s closing of Rs154.66 in interbank foreign exchange market.

The dealers said that the debt market witnessed record single day investment.

The debt market witnessed investment of $536 million in treasury bills on Friday.

The market was initiated in the range of Rs154.57 and Rs154.62. The market recorded day high of Rs154.62 and low of Rs154.56 and closed at Rs154.57.

The exchange rates in open market also witnessed appreciation in rupee value.

The buying and selling of dollar at Rs154.50/Rs154.80 from previous day’s closing of Rs154.60/Rs154.90 in cash ready market.

KARACHI: The Pak Rupee gained 12 paisas against dollar on Thursday owing to sufficient supply of the greenback in the market.

The rupee ended Rs154.66 to the dollar from previous day’s closing of Rs154.78 in interbank foreign exchange market.

Currency dealers said that the market witnessed sufficient supply of dollar during the day. The inflows helped the rupee to gain the value against the foreign currency.

The foreign currency market was initiated in the range of Rs154.76 and Rs154.79. The market recorded day high of Rs154.77 and low of Rs154.66 and closed at Rs154.66.

The exchange rate in open market also witnessed appreciation in local currency.

The buying and selling of the dollar was recorded at Rs154.60/Rs154.90 from previous day’s closing of Rs154.70/Rs155.00 in cash ready market.

KARACHI: The Pak Rupee gained seven paisas against dollar on Wednesday owing to inflows of export receipts and workers remittances, dealers said.

The rupee ended Rs154.78 to the dollar from previous day’s closing of Rs154.85 in interbank foreign exchange market.

The dealers said that the rupee was appreciated owing to inflows of export receipts and workers remittances. They said that improved economic indicators helped the rupee to gain.

The foreign currency market was initiated in the range of Rs154.85 and Rs154.89. The market recorded day high of Rs154.85 and low of Rs154.78 and closed at Rs154.78.

The exchange rate in open market witnessed stable rupee value. The buying and selling of the dollar was recorded at Rs154.70/Rs155.00, the same previous day’s level, in cash ready market.

KARACHI: The Pak Rupee ended unchanged against dollar on Tuesday amid high demand for import and corporate payments.

The rupee ended Rs154.85 to the dollar, the same previous day’s closing, in interbank foreign exchange market.

Currency dealers said that the market witnessed higher demand for dollar early in the day. However, the inflows of remittances and export receipts helped the rupee to maintain level.

The foreign currency market was initiated in the range of Rs154.87 and Rs154.92. The market recorded day high of Rs154.87 and low of Rs154.84 and closed at Rs154.85.

The exchange rate in open market also witnessed no change in rupee value. The buying and selling of the dollar was recorded at Rs154.70/Rs155.00, the same previous day’s closing, in cash ready market.

KARACHI: The Pak Rupee ended down by two paisas against dollar on Monday amid higher demand for import and corporate payments.

The rupee ended at Rs154.85 to the dollar from last Friday’s closing of Rs154.83 in interbank foreign exchange market.

Currency dealers said that the market initiated with higher demand for dollars. The demand was higher due to opening of the market after two weekly holidays.

The foreign currency market was initiated in the range of Rs154.85 and Rs154.90. The market recorded day high of Rs154.89 and low of Rs154.84 and closed at Rs154.85.

The exchange rate in open market however, witnessed appreciation in rupee value. The buying and selling of dollar recorded at Rs154.70/Rs155.00 as compared with last Friday’s closing of Rs155.00/Rs155.40 in cash ready market.