Tag: Pak Rupee

KARACHI: The Pak Rupee appreciated 23 paisas against dollar on Monday owing to improved inflows of remittances and export receipts.

The rupee ended Rs156.63 to the dollar from previous last Friday’s closing of Rs156.86 in interbank foreign exchange market.

Currency experts said that the rupee value was improved on inflows of remittances and export receipts.

The foreign currency market was initiated in the range between Rs156.40 and Rs156.55. The market recorded day high of Rs156.70 and low of Rs156.45 in interbank foreign exchange market.

The exchange rate in open market also witnessed 30 paisas appreciation in value of the local currency.

The buying and selling of dollar was recorded at Rs156.20/Rs156.70 from last Friday’s closing of Rs156.50/Rs157.00 in cash ready market.

Related Stories

Rupee ends with 36 paisas gain against dollar

KARACHI: The Pak Rupee ended with gain of 36 paisas against dollar on Friday owing to improved inflows of remittances and export receipts.

The rupee ended Rs156.86 to the dollar from previous day’s closing of Rs157.22 in interbank foreign exchange market.

The currency experts said that the rupee value was improved on inflows of remittances and export receipts.

The foreign currency market was initiated in the range between Rs157.20 and Rs157.30. The market recorded day high of Rs157.20 and low of Rs156.75 in interbank foreign exchange market.

The exchange rate in open market also witnessed 50 paisas appreciation in value of the local currency.

The buying and selling of dollar was recorded at Rs156.50/Rs157.00 from previous day’s closing of Rs157.00/Rs157.50 in cash ready market.

Related Stories

Rupee gains 47 paisas in mid-day trade

KARACHI: The Pak Rupee made significant gain of 47 paisas against dollar in mid-day trading on Friday owing to inflows of remittances and export receipts.

The dollar is being traded at Rs156.75 to the dollar in interbank foreign exchange market in early trading.

The exchange rate ended at Rs157.22 to the dollar in interbank foreign exchange market on Thursday.

Currency experts said that the improved inflows of worker remittances and export receipts helped the local currency to make gains against the greenback. They said that encouraging economic figures in the month of July and following in August helped to improve sentiments of businesses.

The exchange rate in open market also witnessed appreciation in rupee value in mid-day trading. The dollar is being traded at Rs157.30 from previous day’s closing of Rs157.50.

KARACHI: The Pak Rupee made significant gain of 27 paisas against dollar in early day trading owing to inflows of remittances and export receipts.

The dollar is being traded at Rs156.95 to the dollar in interbank foreign exchange market in early trading.

The exchange rate ended at Rs157.22 to the dollar in interbank foreign exchange market on Thursday.

Currency experts said that the improved inflows of worker remittances and export receipts helped the local currency to make gains against the greenback. They said that encouraging economic figures in the month of July and following in August helped to improve sentiments of businesses.

KARACHI: The Pak Rupee gained 7 paisas against dollar owing to improved inflows of remittances and export receipts.

The rupee ended Rs157.22 to the dollar from previous day’s closing of Rs157.29 in interbank foreign exchange market.

Currency experts said that the improved inflows of worker remittances and export receipts helped the local currency to make gains against the greenback.

The foreign currency market was initiated in the range between Rs157.25 and Rs157.35. The market recorded day high of Rs157.39 and low of Rs157.20 and ended at Rs157.22.

The exchange rate in open market also witnessed appreciation in rupee value. The buying and selling of dollar was recorded at Rs157.00/Rs157.50 from the previous day’s closing of Rs157.10/Rs157.60.

Related Stories

Rupee eases by three paisas on dollar demand

KARACHI: The Pak Rupee eased by three paisas against dollar on Wednesday owing to rise in demand for import payments.

The rupee ended at Rs157.29 to the dollar from previous day’s closing of Rs157.26 in interbank foreign exchange market.

Currency experts said that the dollar demand was remained higher during the day. However, the local unit managed the early day losses.

The foreign currency market was initiated in the range of Rs159.40 and Rs157.48. The market recorded day high of Rs157.60 and low of Rs157.28 and close at Rs157.29.

The exchange rate in open market also witnessed depreciation in rupee value. The buying and selling of dollar was recorded at Rs157.10/Rs157.60 from previous day’s closing of Rs157.00/Rs157.50 in cash ready market.

Related Stories

Rupee gains 10 paisas on improved inflows

KARACHI: The Pak Rupee gained 10 paisas against dollar on Tuesday owing to improved inflows of export receipts and workers remittances.

The rupee ended Rs157.26 to the dollar from previous day’s closing of Rs157.36 in interbank foreign exchange market.

Currency experts said that the inflows from export receipts and worker remittances kept the market sentiments high. They also said that the demand for import payment was also low due to higher duty and tax regime.

The foreign currency market was initiated in the range of Rs157.30 and Rs157.35. The market recorded day high of Rs157.45 and low of Rs157.24 and closed at Rs157.26.

The exchange rate in open market also witnessed appreciation in the rupee value. The buying and selling of dollar was recorded at Rs157.00/Rs157.50 from previous day’s closing of Rs157.10/Rs157.60 in cash ready market.

Related Posts

Rupee gains six paisas amid higher dollar demand

KARACHI: The Pak Rupee gained six paisas against dollar on Monday amid demand for corporate and import payments.

The rupee ended Rs157.36 to the dollar from last Friday’s closing of Rs157.42 in interbank foreign exchange market.

Currency dealers said that the local unit was under pressure earlier in the day due to higher demand for dollar in the foreign currency market. They said that the greenback demand was high because market was opened after weekly holidays.

The foreign currency market was initiated in the range of Rs157.60 and Rs157.70. The market recorded day high of Rs157.65 and low of Rs159.30 and closed at Rs157.36.

The exchange rate in open market also witnessed appreciation in rupee value. The buying and selling of dollar was recorded at Rs157.10/Rs159.60 from last Friday’s closing of Rs157.30/Rs157.80 in cash ready market.

Related Posts

Rupee appreciates by 82 paisas in interbank market

KARACHI: The Pak Rupee appreciated by 82 paisas against dollar on Friday owing to improved economic indicators.

The rupee ended Rs157.42 to the dollar from previous day’s closing of Rs158.24 in interbank foreign exchange market.

The rupee made significant gain earlier in the day and gained Re1 in its value owing to better economic indicators.

The foreign currency market was initiated in the range of Rs157.45 and Rs157.55. The market recorded day high of Rs157.90 and low of Rs157.24 and closed at Rs157.42.

Currency experts said that positive economic indicators and sharp recovery in the stock exchange boosted the confidence of the investors.

Besides, contraction in current account deficit also helped the rupee to recover against the greenback.

The rupee witnessed sharp decline against the dollar in the past two years. However, for the last few days the local unit was making recovery gradually.

The exchange rate in open market also witnessed appreciation in rupee value. The buying and selling of dollar was recorded at Rs157.30/Rs157.80 from previous day’s closing of Rs158.20/Rs158.70 in cash ready market.

Related Posts

Rupee gains 34 paisas on improved investors’ sentiments

KARACHI: The Pak Rupee witnessed massive recovery of Re1 against dollar in early trade on Friday, dealers said.

The dollar is being traded at Rs157.24 in early trade on Friday as compared with last day’s closing of Rs158.24 in interbank foreign exchange market.

Currency experts said that positive economic indicators and sharp recovery in the stock exchange boosted the confidence of the investors.

Besides, contraction in current account deficit also helped the rupee to recover against the greenback.

The rupee witnessed sharp decline against the dollar in the past two years. However, for the last few days the local unit was making recovery gradually.