Tag: Pak Rupee

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.

KARACHI: The Pak Rupee made gain six paisas against dollar on Friday owing to improved economic indicators.

The rupee ended Rs154.83 to the dollar from previous day’s closing of Rs154.89 in interbank foreign exchange.

Currency dealers said that inflows of export and remittances helped the rupee to make gain.

They said that improved economic indicators and declining import bill also helped the rupee to make gain.

The foreign currency market was initiated at Rs14.85 and Rs154.90. The market recorded day high of Rs154.87 and low of Rs154.82 and closed at Rs154.83.

The exchange rate in open market witnessed gain in rupee value. The buying and selling of dollar was recorded at Rs155.00/Rs155.40 from previous day’s closing of Rs155.30/Rs155.70 in cash ready market.

KARACHI: The Pak Rupee ended with significant gain against dollar on Thursday after witnessing decline for three consecutive days.

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KARACHI: The Pak Rupee recovered 22 paisas against dollar in early trade on Thursday.

The dollar is being traded at Rs154.86 in interbank foreign exchange market. The rupee ended at Rs155.08 on Wednesday January 08, 2020.

The rupee was remained pressure with start of the year. The inflows of export receipts and ease in geopolitical tension helped the local currency to recover against the greenback.

KARACHI: The Pak Rupee further depreciated by seven paisas against dollar on Wednesday owing to higher import and corporate demands, dealers said.

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KARACHI: The Pak Rupee fell six paisas against dollar on Tuesday owing to demand for import and corporate payments, dealers said.

The rupee ended Rs155.01 to the dollar as compared with Rs154.95 in interbank foreign exchange market.

The dealers said that the rupee was depreciated due to rising demand of dollar for import and corporate payments.

They said that the corporate buyers escalated the demand because of repatriation of profit for the quarter ended December 31, 2019.

The foreign currency market was initiated in the range of Rs155.00 and Rs155.07. The market recorded day high of Rs155.09 and low of R155.00 and closed at Rs155.01.

The exchange rate in open market witnessed stable value of the local currency. The buying and selling of the dollar was recorded at Rs155.00/Rs155.30, the same previous day’s closing, in cash ready market.

KARACHI: The Pak Rupee ended down by five paisas against dollar on Monday owing to higher demand for import and corporate payments, dealers said.

The rupee ended Rs154.95 to the dollar from last Friday’s closing of Rs154.90 in interbank foreign exchange market.

Currency dealers said that the market witnessed higher demand for dollar owing to first trading day of the week.

The dealers however said that the exchange rate might witness an adverse effect due to rising tension in Middle East after killing of Iranian leader in the US attack.

The foreign currency market was initiated in the range of Rs154.93 and Rs154.98. The market recorded day high of Rs154.98 and low of Rs154.93 and closed at Rs154.95.

The exchange rate in open market witnessed depreciation in rupee value. The buying and selling of dollar was recorded at Rs155.00/Rs155.30 as compared with last Friday’s closing of Rs154.80/Rs155.10 in cash ready market.

The Pakistani rupee weakened by nine paisas against the US dollar in early trading on Monday, driven by increased demand for import and corporate payments. The greenback was being traded at Rs154.99 during morning hours in the interbank foreign exchange market, compared to the previous closing rate of Rs154.90.

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