Dollar reaches 150 in early trade

MG News | June 10, 2019 at 11:10 AM GMT+05:00

0:00

June 10, 2019 (MLN): The Pakistani Rupee (PKR) opened today’s interbank session at 149/150, i.e. 40 paisa weaker than previous session’s closing quote of 148.60 per US Dollar (USD).

The US Dollar was quoted as high as 150.75/151.25 and is currently being quoted at at 150.50/151.

This volatility is a result of heightened demand for Dollars, as forex market has opened after almost a week and there are pending payments along with slowing in post Ramadan remittances.

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KSE100	157,396.85 92.49M	0.78% 1219.03
ALLSHR	96,333.76 255.47M	0.74% 703.37
KSE30	48,060.38 85.72M	0.80% 381.91
KMI30	231,854.10 35.84M	0.95% 2171.88
KMIALLSHR	64,856.65 96.34M	0.76% 489.88
BKTi	42,381.21 58.85M	1.09% 458.41
OGTi	31,721.08 4.98M	-0.05% -14.71

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,710.00	118,295.00 116,115.00	1885.00 1.63%
BRENT CRUDE	67.77	68.01 67.50	-0.18 -0.26%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.49	63.82 63.24	-0.56 -0.87%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%