Tag: Pak Rupee

KARACHI: The Pak Rupee ended flat against dollar on Thursday amid higher demand for import and corporate payments.

The rupee ended Rs156.25 to the dollar from previous day’s closing of Rs156.24 in interbank foreign exchange market.

Currency experts said that demand for dollar was higher earlier in the day but inflows kept the local currency stable.

The foreign currency market was opened in the range of Rs156.30-156.40. The market recorded day high of Rs156.35 and low of Rs156.20 and ended at Rs156.25.

The exchange rate in open market also witnessed stable value of the local currency. The buying and selling of dollar was recorded at Rs155.80/Rs156.30, the same previous day’s closing in cash ready market.

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Rupee gains 8 paisas on inflows

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

The rupee ended Rs156.25 to the dollar from previous day’s closing of Rs156.33 in interbank foreign exchange market.

The currency dealers said that the market witnessed pressure earlier in the day however dollar supply was seen later in the day which helped the rupee to gain value.

The foreign currency market was initiated in the range of Rs156.35 and Rs156.45. The market recorded day high of Rs156.48 and low of Rs156.23 and closed at Rs156.25.

Currency experts said that the positive economic indicators may lead to further appreciation in the rupee value in coming days. They, however, said that the debt repayment may escalate demand for the foreign currency.

The exchange rate in open market was remained stable. The buying and selling of the dollar was recorded at Rs155.80/Rs156.30 the same previous day’s closing in cash ready market.

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Rupee falls by 10 paisas on expected rising dollar demand for oil payment

KARACHI: The Pakistani Rupee (PKR) weakened slightly by 4 paisas against the US dollar on Monday, primarily due to increased demand for import and corporate payments. The rupee closed at Rs156.23 to the dollar in the interbank foreign exchange market, compared to the previous Friday’s closing rate of Rs156.19.

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The Pakistani Rupee remained stable against the US Dollar on Friday, closing at Rs156.19 compared to the previous day’s rate of Rs156.18 in the interbank foreign exchange market. The currency maintained its position despite increased demand for the dollar due to impending weekly holidays, dealers said.

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KARACHI: The Pak Rupee gained 13 paisas against dollar on Thursday owing to improved inflows of export receipts and workers remittances, dealers said.

The rupee ended Rs156.18 to the dollar from previous day’s closing of Rs156.31 in interbank foreign exchange market.

Currency experts said that the inflows had helped the rupee to gain value against the greenback. They said that the rupee was remained stabled during the day due to inflows of export reciepts and workers remittances .

The foreign currency market initiated in the range of Rs156.15 and Rs156.25. The market recorded day high of Rs156.28 and low of Rs156.18 and closed at Rs156.18.

The exchange rate in open market also witnessed appreciation in local currency value. The buying and selling of the dollar was recorded at Rs156.00/Rs156.50 from previous day’s closing of Rs156.20/Rs156.70 in cash ready market.

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Rupee gains four paisas despite long holidays

KARACHI, September 11, 2019 – The Pakistani rupee showed a modest recovery against the US dollar on Wednesday, gaining 4 paisas in the interbank market. This movement came following the reopening of currency markets after an extended break due to holidays, including the regular weekend and public holidays for Ashura-e-Muharram observed on September 9 and 10.

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KARACHI: The Pak Rupee appreciated by three paisas against dollar on Friday despite higher demand for import payments during upcoming holidays.

The rupee ended at Rs156.35 to the dollar from previous day’s closing of Rs156.38 in interbank foreign exchange market.

The foreign currency market was initiated in the range of Rs156.80 and Rs156.90. The market recorded day high of Rs156.80 and low of Rs156.30 and closed at Rs156.35.

Currency experts said that the higher demand was seen earlier in the day due to upcoming weekly holidays and further two holidays on account of Ashura Muharram on Monday September 09 and Tuesday September 10.

The exchange rate witnessed stable rupee value in open market.

The buying and selling of dollar was recorded at Rs156.00/Rs156.50, the same previous day’s level, in cash ready market.

KARACHI: The Pak Rupee ended down by 15 paisas against dollar on Thursday owing to higher demand due to upcoming long holidays including weekly and on account of Ashura e Muharram.

The rupee ended Rs156.38 to the dollar from previous day’s closing of Rs156.23 in interbank foreign exchange market.

Currency experts said that weekly holidays of Saturday and Sunday besides Monday and Tuesday for Muharram 9 and 10 kept pressure on the local unit.

The foreign currency market was initiated in the range of Rs156.40 and Rs156.50. The market recorded day high of Rs156.44 and low of Rs156.20 and closed at Rs156.38.

The exchange rate in open market however witnessed appreciation in rupee value.

The buying and selling of dollar was recorded at Rs156.00/Rs156.50 from previous day’s closing of Rs156.10/Rs156.60 in interbank foreign exchange market.

KARACHI: The Pak Rupee gained 40 paisas against dollar on Wednesday owing to inflows of export receipts and remittances.

The rupee ended Rs156.23 to the dollar from previous day’s closing of Rs156.63 in interbank foreign exchange market.

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

The foreign currency market was initiated in the range of Rs156.50 and Rs156.60. The market recorded day high of Rs156.64 and low of Rs156.23 and closed at Rs156.23.

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

The buying and selling of dollar was recorded at Rs156.10/Rs156.60 from previous day’s closing of Rs156.20/Rs156.70 in interbank foreign exchange market.

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Rupee ends unchanged

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

The rupee ended Rs156.63 to the dollar, same previous day’s closing in interbank foreign exchange market.

Currency experts said that the rupee value was stable despite demand for import and corporate payments.

The foreign currency market was initiated in the range between Rs156.50 and Rs156.70. The market recorded day high of Rs156.76 and low of Rs156.55 in interbank foreign exchange market.

The exchange rate in open market also witnessed no change in value of the local currency.

The buying and selling of dollar was recorded at Rs156.20/Rs156.70, same previous day’s level, in cash ready market.

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Rupee gains 23 paisas on improved inflows