AGL 38.41 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 202.30 Decreased By ▼ -0.72 (-0.35%)
BOP 10.03 Decreased By ▼ -0.14 (-1.38%)
CNERGY 6.40 Decreased By ▼ -0.14 (-2.14%)
DCL 9.48 Decreased By ▼ -0.10 (-1.04%)
DFML 39.50 Decreased By ▼ -0.52 (-1.3%)
DGKC 98.50 Increased By ▲ 0.42 (0.43%)
FCCL 35.20 Increased By ▲ 0.24 (0.69%)
FFBL 87.00 Increased By ▲ 0.57 (0.66%)
FFL 13.73 Decreased By ▼ -0.17 (-1.22%)
HUBC 130.00 Decreased By ▼ -1.57 (-1.19%)
HUMNL 13.95 Decreased By ▼ -0.07 (-0.5%)
KEL 5.50 Decreased By ▼ -0.11 (-1.96%)
KOSM 7.40 Increased By ▲ 0.13 (1.79%)
MLCF 46.10 Increased By ▲ 0.51 (1.12%)
NBP 61.15 Decreased By ▼ -5.23 (-7.88%)
OGDC 220.00 Decreased By ▼ -0.76 (-0.34%)
PAEL 39.10 Increased By ▲ 0.62 (1.61%)
PIBTL 8.65 Decreased By ▼ -0.26 (-2.92%)
PPL 195.01 Decreased By ▼ -2.87 (-1.45%)
PRL 39.00 Decreased By ▼ -0.03 (-0.08%)
PTC 25.50 Increased By ▲ 0.03 (0.12%)
SEARL 105.25 Increased By ▲ 2.20 (2.13%)
TELE 8.79 Decreased By ▼ -0.23 (-2.55%)
TOMCL 36.10 Decreased By ▼ -0.31 (-0.85%)
TPLP 13.82 Increased By ▲ 0.07 (0.51%)
TREET 24.70 Decreased By ▼ -0.42 (-1.67%)
TRG 57.72 Decreased By ▼ -0.32 (-0.55%)
UNITY 33.35 Decreased By ▼ -0.32 (-0.95%)
WTL 1.67 Decreased By ▼ -0.04 (-2.34%)
BR100 11,878 Decreased By -12.4 (-0.1%)
BR30 37,146 Decreased By -210.2 (-0.56%)
KSE100 110,466 Decreased By -604.8 (-0.54%)
KSE30 34,711 Decreased By -198.3 (-0.57%)

KARACHI: PKR started last week in the negative but took a breather mid week and ended on a positive note against USD in both interbank and open markets with significantly higher gains in open market than in interbank market. During five days of trading; even though PKR reported falls for first three days, it regained enough value in last two days to end the week with gains in excess of one rupee against USD and around 2 rupees against Euro in open market.

This positive change may be due to regulatory measures introduced by SBP during the week that included steps to check dollar outflow to foreign countries particularly Afghanistan whose economic system has been under turmoil after US withdrawal and to enhance transparency in foreign currency transactions by exchange companies.

INTER-BANK MARKET RATES: In the interbank market, Pakistan Rupee overall reported gain of 5 paisas for both buying and selling against USD over the week closing at 170.40 and 170.50 respectively.

OPEN MARKET RATES: In the open market, PKR overall gained 1.30 rupees for buying and 1.60 rupees for selling over the week closing at 170.70 and 171 respectively.

Against Euro, PKR gained 2.50 rupees for buying and 2 rupees for selling over the week closing at 196.50 and 198.50 respectively.

Against UAE Dirham, PKR recorded net gain of 30 paisas for both buying and selling closing at 47.60 and 47.90 respectively.

Against Saudi Riyal, PKR overall gained 50 paisas for both buying and selling closing at 45.20 and 45.40 respectively.

========================================

Weekly Interbank market rates for dollar

========================================

Bid Close Rs. 170.40

Offer Close Rs. 170.50

Bid Open Rs. 170.45

Offer Open Rs. 170.55

========================================

Weekly Open market rates for dollar

========================================

Bid Close Rs. 170.70

Offer Close Rs. 171.00

Bid Open Rs. 172.00

Offer Open Rs. 172.60

========================================

Copyright Business Recorder, 2021

Comments

Comments are closed.