Tag: Pak Rupee

KARACHI: The Pak Rupee recovered early day losses against dollar and depreciated by two paisas on Monday. The rupee fell owing to higher demand for import payment.

The rupee ended Rs155.31 to the dollar from last Friday’s closing of Rs155.29 in interbank foreign exchange market.

The rupee depreciated by 20 paisas during early day trading due to higher demand or import and corporate payments.

However, inflows of export receipts and workers remittances helped the rupee to narrow the depreciation.

The foreign currency market was initiated in the range of Rs155.40 and Rs155.55. The market recorded day high of Rs155.49 and low of Rs155.31 and ended at Rs155.31.

The exchange rate in open market also witnessed depreciation in rupee value. The buying and selling of dollar was recorded at Rs155.30/Rs155.60 from last Friday’s closing of Rs155.20/Rs155.40 in cash ready market.

KARACHI: The Pak Rupee fell 16 paisas against dollar in early trade on Monday owing to demand for import payments as market opened after two day weekly holidays.

The exchange rate is at Rs155.45 to the dollar in interbank foreign exchange market in the early trade. The market was closed on last Friday at Rs155.29 to the dollar in interbank foreign exchange market.

Currency experts said that the rise in dollar value would be temporary as inflows of export receipts and remittances would help the rupee in next sessions.

The inflows of portfolio investment in debt securities reached above $1 billion and it was also helping the rupee to resist against the greenback.

Currency experts said the rupee was under pressure against the dollar due to past two days weekly holidays.

KARACHI: The Pak Rupee further advanced by five paisas against dollar on Friday amid calm demand from importers and corporate.

The rupee ended Rs155.29 to the dollar from previous day’s closing of Rs155.34 in interbank foreign exchange market.

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

The foreign currency market was initiated in the range of Rs155.31 and Rs155.33. The market recorded day high of Rs155.31 and low of Rs155.29 and closed at Rs155.29.

The exchange rate in open market witnessed slight change in rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.50 from previous day’s closing of Rs155.20/Rs155.40 in cash ready market.

KARACHI: The Pak Rupee gained three paisas against dollar on Thursday owing to supply of the foreign currency in the market.

The rupee ended Rs155.34 to the dollar from previous day’s closing of Rs155.37 in interbank foreign exchange market.

Currency experts said that the rupee made gain due to some supply of the greenback in the shape of remittances.

The foreign currency market was initiated in the range of Rs155.34 and Rs155.36. The market recorded day high of Rs155.36 and low of Rs155.31 and closed at Rs155.34.

The exchange rate in open market witnessed stable rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.40, the same previous day’s level, in cash ready market.

KARACHI: The Pak Rupee ended down by one paisa against dollar on Wednesday in range bound trading activities.

The rupee ended Rs155.37 to the dollar from previous day’s closing of Rs155.36 in interbank foreign exchange market.

Currency dealers said that the market was remained calm as neither major demand seen from importers nor inflows of export receipts.

The foreign currency market was opened in the range of Rs155.35 and Rs155.40. The market recorded day high of Rs155.37 and low of Rs155.35 and closed at Rs155.37.

The exchange rate in open market witnessed slight change in rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.40 from previous day’s closing of Rs155.20/Rs155.50 in cash ready market.

The Pakistani Rupee experienced a marginal decline against the US Dollar, closing at Rs155.36 in the interbank foreign exchange market, a slight drop from the previous day’s close of Rs155.35.

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KARACHI: The Pak Rupee gained four paisas against dollar on Monday owing to sufficient inflows.

The rupee ended Rs155.35 to the dollar from last Friday’s closing of Rs155.39 in interbank foreign exchange market.

Currency experts said that the inflows of export receipts and remittances helped the rupee to gain values.

The foreign currency market was initiated in the range of Rs155.38 and Rs155.42. The market recorded day high of Rs155.40 and low of Rs155.35 and closed at Rs155.35.

The exchange rate in open market the rupee witnessed slight gain. The buying and selling of dollar was recorded at Rs155.20/Rs155.40 from previous level of last Friday’s of Rs155.20/Rs155.50.

KARACHI: The Pak Rupee gained three paisas against dollar on Friday owing to inflows of export receipts and foreign remittances, dealers said.

The rupee closed at Rs155.39 to the dollar from previous day’s closing of Rs155.42 in interbank foreign exchange market.

The dealers said that foreign inflows and export receipts helped the local unit to appreciate early in the day. However, demand for the greenback for import payments due to next two weekly holidays restricted the rupee appreciation to three paisas.

The foreign currency market was initiated in the range of Rs155.35 and Rs155.39. The market recorded day high of Rs155.47 and low of Rs155.39 and closed at Rs155.39.

The exchange rate in open market witnessed slight change in rupee value. The buying and selling of the dollar was recorded at Rs155.20/Rs155.50 from previous day’s closing of Rs155.20/Rs155.40 in cash ready market.

KARACHI: The Pak Rupee ended down by two paisas against dollar on Thursday amid demand for import payment.

The rupee closed at Rs155.42 to the dollar from previous day’s closing of Rs155.40 in interbank foreign exchange market.

Currency dealers said that the demand for the foreign currency was higher earlier in the day. However, inflows helped the rupee to recovery early day losses.

The foreign currency market was initiated in the range between Rs155.40/Rs155.45. The market recorded day high of Rs155.47 and low of Rs155.40 and closed at Rs155.42.

The exchange rate in open market witnessed slight appreciation in rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.40 from previous day’s closing of Rs155.20/Rs155.50 in cash ready market.

KARACHI: The Pak Rupee gained five paisas against dollar on Wednesday owing to inflows of remittances and export receipts.

The rupee ended Rs155.40 to the dollar from previous day’s closing of Rs155.45 in interbank foreign exchange market.

Currency dealers said that inflows of workers’ remittances and export receipts helped the rupee to gain value.

The foreign currency market was initiated in the range between Rs155.47 and Rs155.40 and closed at Rs155.40.

The exchange rate in open market witnessed stable rupee value.

The buying and selling of dollar was recorded at Rs155.20/Rs155.50, the same previous day’s closing, in cash ready market.