AIRLINK 176.30 Decreased By ▼ -0.52 (-0.29%)
BOP 10.91 Decreased By ▼ -0.18 (-1.62%)
CNERGY 8.01 Increased By ▲ 0.07 (0.88%)
FCCL 46.35 Increased By ▲ 1.41 (3.14%)
FFL 16.10 Decreased By ▼ -0.01 (-0.06%)
FLYNG 27.40 Decreased By ▼ -0.88 (-3.11%)
HUBC 144.00 Increased By ▲ 2.22 (1.57%)
HUMNL 13.40 Increased By ▲ 0.15 (1.13%)
KEL 4.51 Increased By ▲ 0.08 (1.81%)
KOSM 5.99 Decreased By ▼ -0.04 (-0.66%)
MLCF 59.55 Increased By ▲ 1.10 (1.88%)
OGDC 232.10 Increased By ▲ 7.91 (3.53%)
PACE 5.89 Decreased By ▼ -0.04 (-0.67%)
PAEL 47.50 Increased By ▲ 1.60 (3.49%)
PIAHCLA 17.96 Decreased By ▼ -0.20 (-1.1%)
PIBTL 10.57 Decreased By ▼ -0.03 (-0.28%)
POWER 11.40 Increased By ▲ 0.10 (0.88%)
PPL 192.97 Increased By ▲ 7.49 (4.04%)
PRL 37.01 Increased By ▲ 0.10 (0.27%)
PTC 23.75 Increased By ▲ 0.06 (0.25%)
SEARL 100.40 Increased By ▲ 2.00 (2.03%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.22 Decreased By ▼ -0.16 (-0.43%)
SYM 15.00 Decreased By ▼ -0.01 (-0.07%)
TELE 7.79 Decreased By ▼ -0.03 (-0.38%)
TPLP 10.85 Decreased By ▼ -0.11 (-1%)
TRG 65.22 Decreased By ▼ -0.92 (-1.39%)
WAVESAPP 10.99 Increased By ▲ 0.11 (1.01%)
WTL 1.35 Increased By ▲ 0.01 (0.75%)
YOUW 3.81 No Change ▼ 0.00 (0%)
AIRLINK 176.30 Decreased By ▼ -0.52 (-0.29%)
BOP 10.91 Decreased By ▼ -0.18 (-1.62%)
CNERGY 8.01 Increased By ▲ 0.07 (0.88%)
FCCL 46.35 Increased By ▲ 1.41 (3.14%)
FFL 16.10 Decreased By ▼ -0.01 (-0.06%)
FLYNG 27.40 Decreased By ▼ -0.88 (-3.11%)
HUBC 144.00 Increased By ▲ 2.22 (1.57%)
HUMNL 13.40 Increased By ▲ 0.15 (1.13%)
KEL 4.51 Increased By ▲ 0.08 (1.81%)
KOSM 5.99 Decreased By ▼ -0.04 (-0.66%)
MLCF 59.55 Increased By ▲ 1.10 (1.88%)
OGDC 232.10 Increased By ▲ 7.91 (3.53%)
PACE 5.89 Decreased By ▼ -0.04 (-0.67%)
PAEL 47.50 Increased By ▲ 1.60 (3.49%)
PIAHCLA 17.96 Decreased By ▼ -0.20 (-1.1%)
PIBTL 10.57 Decreased By ▼ -0.03 (-0.28%)
POWER 11.40 Increased By ▲ 0.10 (0.88%)
PPL 192.97 Increased By ▲ 7.49 (4.04%)
PRL 37.01 Increased By ▲ 0.10 (0.27%)
PTC 23.75 Increased By ▲ 0.06 (0.25%)
SEARL 100.40 Increased By ▲ 2.00 (2.03%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.22 Decreased By ▼ -0.16 (-0.43%)
SYM 15.00 Decreased By ▼ -0.01 (-0.07%)
TELE 7.79 Decreased By ▼ -0.03 (-0.38%)
TPLP 10.85 Decreased By ▼ -0.11 (-1%)
TRG 65.22 Decreased By ▼ -0.92 (-1.39%)
WAVESAPP 10.99 Increased By ▲ 0.11 (1.01%)
WTL 1.35 Increased By ▲ 0.01 (0.75%)
YOUW 3.81 No Change ▼ 0.00 (0%)
BR100 12,609 Increased By 173.5 (1.4%)
BR30 39,262 Increased By 678.1 (1.76%)
KSE100 117,772 Increased By 1139.1 (0.98%)
KSE30 36,296 Increased By 474.7 (1.33%)

MUMBAI: The Indian rupee rose for the seventh straight session on Thursday, its longest winning streak since January 2024, as persistent dollar sales by foreign banks and paring of short bets on the currency helped it weather a stronger dollar.

The rupee rose to a near two-month high of 86.2075 per US dollar earlier in the day before closing at 86.3675, up 0.1% on the day.

Banks selling dollars to lock in profits on arbitrage trades between the non-deliverable and outright forwards also aided the rupee.

A broadly weaker dollar has prompted a paring of short bets against Asian currencies with shorts on the Chinese yuan, a closely tracked peer of the rupee, falling to an over one-year low, according to Reuters poll.

Comments

200 characters