Pak Rupee rise to five-month high against dollar

By MG News | December 09, 2019 at 10:58 AM GMT+05:00

0:00

December 9, 2019: The rupee in open market rise to its five-month high as demand for the dollar fall owing to decline in imports.

Increase in dollar from lending agencies and foreign investment in rupee also helped stabilise the rupee-dollar parity.

The dollar was traded as low as 154.70 rupees in the open market on Saturday which was much lower as compared to 164 rupees on June 26 this year.

Currency dealers foresee the rupee to rise further in coming months in the wake of higher inflows of dollars and increased attraction of local currency.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,221.89 209.75M	-0.09% -122.15
ALLSHR	81,021.68 684.66M	-0.00% -2.31
KSE30	39,822.23 81.90M	-0.22% -86.03
KMI30	189,676.60 104.87M	0.07% 141.60
KMIALLSHR	54,830.79 364.83M	0.09% 47.13
BKTi	34,649.52 20.08M	-0.83% -291.21
OGTi	28,477.86 13.42M	0.64% 181.81

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,175.00	110,250.00 109,200.00	-110.00 -0.10%
BRENT CRUDE	68.57	69.00 68.32	-0.54 -0.78%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	109.20	0.00 0.00	0.20 0.18%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.93	67.50 66.65	-0.52 -0.77%
SUGAR #11 WORLD	15.65	15.66 15.44	0.07 0.45%