KARACHI: The US dollar closed in the upper bracket against the rupee in the interbank market on improved demand by importers and the corporate sector, said treasurers.
The greenback closed at Rs 104.70 for buying and Rs 104.90 for selling, gaining 30 paisas, currency traders said.
The rupee is likely to remain under some pressure because of demand for the US dollar by the corporate sector and importers. However banks remained capable to meet their demands.
The euro closed at Rs 111.10 for buying and Rs 111.30 for selling, gaining 81 paisas.
The pound sterling closed at Rs 127.45 for buying and Rs 127.65 for selling. It gained 36 paisas.
Kerb market: The rupee ended firm in the open currency market, said foreign exchange dealers.
The US dollar closed at Rs 108.30 for buying and Rs 108.50 for selling, shedding 05 paisas from the previous session’s level. Earlier in the day it was trading at Rs 108.29 for buying and Rs 108.51 for selling.
The pound sterling closed at Rs 131.50 for buying and Rs 131.70 for selling, it closed up by 45 paisas. It was trading at Rs 131.48 for buying and Rs 131.70 for selling.
The euro closed at Rs 131.50 for buying and Rs 131.70 for selling. It closed plus with 20 paisas gain versus the local currency.
Systems Limited, Pakistan’s premier provider of IT and IT Enabled Services, had the distinct honor…
Being a journalist in Pakistan means you must be willing to live with a Damoclean…
Pakistan's historic lunar payload - regardless of how small it may be when compared to…
Barack Obama's rise to the presidency in 2009 gave hope to millions across the globe.…
Pakistan is neither a jungle nor are the ways of the jungle followed here. There…
Leave a Comment