AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,400 Increased By 213 (2.09%)
BR30 31,653 Increased By 316.8 (1.01%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

KARACHI: The rupee settled at 283.84 against the US dollar after depreciating marginally by 0.13% in the inter-bank market after a three-session week.

Opening after Eid holidays, the rupee remained largely stable as a current account surplus and lack of progress on the International Monetary Fund (IMF) kept the currency hanging.

On the other hand, the United States called on Pakistan to move ahead on stalled reforms sought by the IMF, promising technical help and encouraging the country to enact policies that promote an open and fair and transparent business climate.

The market will also continue to follow developments closely with the government and Pakistan Tehreek-e-Insaf (PTI) leaders set to continue talks on holding elections in the country. Progress on talks is likely to give the market clarity.

Open-market rates

In the open market, the PKR gained 2 rupees for both buying and selling against USD, closing at 287 and 290, respectively.

Against Euro, the PKR lost 2 rupees for both buying and selling, closing at 314 and 317 respectively.

Against UAE Dirham, the PKR remained unchanged for buying and gained 5 paisa for selling, closing at 78.50 and 79.20, respectively.

Against Saudi Riyal, the PKR lost 15 paisa for both buying and selling, closing at 75.90 and 76.60, respectively.

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

THE RUPEE

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

Weekly inter-bank market rates for dollar

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

Bid Close Rs. 283.85

Offer Close Rs. 286.00

Bid Open Rs. 283.45

Offer Open Rs. 285.50

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

Weekly open-market rates for dollar

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

Bid Close Rs. 287.00

Offer Close Rs. 290.00

Bid Open Rs. 289.00

Offer Open Rs. 292.00

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

Copyright Business Recorder, 2023

Comments

Comments are closed.