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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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,790.00	88,210.00 87,300.00	370.00 0.42%
BRENT CRUDE	62.77	62.81 62.55	0.29 0.46%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	96.30	0.00 0.00	0.45 0.47%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.20	58.25 57.95	0.25 0.43%
SUGAR #11 WORLD	14.90	14.97 14.79	0.08 0.54%