KARACHI: On Thursday, Pakistan Rupee gained value against USD in both interbank and open markets. It also gained value in open market against other major currencies.
INTER-BANK MARKET RATES: RATES: In the interbank market, Pakistan Rupee gained 1.25 rupees for buying and 95 paisas for selling against USD over last Tuesday's rates closing at 166.80 and 167.20 respectively.
OPEN MARKET RATES: In the open market, PKR gained 80 paisas for both buying and selling against USD over last Tuesday's rates closing at 167 and 167.40 respectively.
Against Euro, PKR gained 50 paisas for both and selling over last Tuesday's rates closing at 185.50 and 187.50 respectively.
Against UAE Dirham, PKR gained 10 paisas for both buying and selling closing at 45.10 and 45.30 respectively.
Against Saudi Riyal, PKR gained 10 paisas for both buying and selling as well closing at 44 and 44.20 respectively.
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Open Bid Rs 167.00
Open Offer Rs 167.40
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.
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Bid Rate Rs 166.80
Offer Rate Rs 167.20
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RUPEE IN LAHORE: The Pak rupee showed strength as it recovered its day earlier losses versus the greenback in the open currency market on Thursday.
Following lack of buyers' interest in the market, the greenback remained under selling pressure and ended lower for buying and selling at Rs 167.50 and Rs 168.50 against the overnight closing rate of Rs 168.20 and Rs 169.20 respectively, local currency dealers said.
Moreover, the rupee-pound sterling parity stayed unchanged amid sluggish trading activity in the market. Consequently, the pound firmly sustained its opening trend for buying and selling at Rs 206.20 and Rs 208.00, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee remained firm against the dollar at the open currency markets of Islamabad and Rawalpindi here on Thursday.
The dollar opened at Rs 168.40(buying) and Rs 168.50(selling) against same last rate.
It closed at Rs 168.40(buying) and Rs 168.50(selling).
The buying and selling rates of one tola of gold were Rs. 110,200(selling) and Rs 110,100(selling) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.
Copyright Business Recorder, 2020
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