Currency Update: U.S. Dollar Tumbles

MG News | September 08, 2017 at 12:24 PM GMT+05:00

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Dollar Index Spot down by 0.45% today as political knot continues to tangle between North Korea and United States. The United States President Donald Trump has warned North Korea of trying to destabilize the region with ICBM tests.

South Korea yesterday warned that North Korea may have increased its capabilities in its ability to deliver Inter Continental Ballistic Missiles, tipping off US. The US along with its warning was met with a Russian reply of situation worsening if US decides to go against Korean hermit state.

Unfolding of political events and Euro strengthening has made investors look for save investment in safe avenues. Gold Prices have continued the trend upward as the prices for Gold continues to gain,

The gold price in domestic markets has risen by Rs. 1,250 per Tola. The current price of yellow metal now reached Rs. 52,650 per Tola.

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Name	Price/Vol	%Chg/NChg
KSE100	172,399.90 320.00M	1.59% 2696.30
ALLSHR	103,927.90 888.16M	1.29% 1323.37
KSE30	51,428.16 185.27M	1.65% 836.84
KMI30	246,743.08 136.63M	1.75% 4243.24
KMIALLSHR	67,499.94 461.75M	1.34% 890.73
BKTi	46,974.29 67.03M	1.67% 773.64
OGTi	35,183.53 7.71M	0.85% 295.91

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,685.00	63,700.00 63,430.00	25.00 0.04%
BRENT CRUDE	86.80	89.90 85.80	-3.58 -3.96%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	1.10 0.90%
ROTTERDAM COAL MONTHLY	131.00	131.00 130.00	-1.75 -1.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	84.29	87.23 83.20	-3.42 -3.90%
SUGAR #11 WORLD	13.70	13.97 13.68	-0.09 -0.65%