Dollar shows volatility in early trade

MG News | November 25, 2020 at 10:10 AM GMT+05:00

0:00

November 25, 2020 (MLN): Trading in the interbank forex market remained volatile early in the session as the Dollar moved both ways and was currently being quoted at 159.85/159.95(10:05 PST).

The Dollar fell early in the session, opening at 159.60/159.80 before appreciating sharply to 160.05/160.15 with trades reported at 160.05 before the PKR bounced back and the dollar fell to its current level.

The dollar has appreciated in the previous few days after declining for over 20 consecutive sessions. Tuesday's interbank close was 160.08.

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