Rupee appreciates by 32 paisa in early trade

MG News | August 30, 2019 at 10:08 AM GMT+05:00

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August 30, 2019 (MLN): Pakistani Rupee (PKR) appreciated to PKR 156.90/157 per USD in early trade at interbank this morning, which is a jump of 32 paisa from yesterday's closing quote of PKR 157.22 per USD.

This is the first time in nearly two months that the rate has been at this level.

The local currency opened the session at 157.10/157.20 while deals have been reported at PKR 157 per dollar.

A possible reason for this appreciation is a higher supply of dollar than its demand.

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Name	Price/Vol	%Chg/NChg
KSE100	184,174.49 344.20M	1.01% 1836.37
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KSE30	56,462.88 128.04M	0.96% 535.72
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KMIALLSHR	71,230.99 382.91M	1.23% 862.76
BKTi	53,229.04 40.62M	1.01% 532.20
OGTi	38,590.42 18.06M	1.28% 488.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,560.00	84,945.00 81,210.00	160.00 0.19%
BRENT CRUDE	69.83	70.21 67.79	0.24 0.34%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-0.90 -0.99%
ROTTERDAM COAL MONTHLY	103.70	103.70 99.40	4.90 4.96%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	65.74	66.11 63.64	0.32 0.49%
SUGAR #11 WORLD	14.26	14.71 14.15	-0.44 -2.99%