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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KSE100	167,193.44 366.12M	0.88% 1456.68
ALLSHR	101,164.95 815.04M	0.80% 806.11
KSE30	49,320.68 134.37M	0.99% 482.30
KMI30	238,958.16 110.19M	0.84% 2000.56
KMIALLSHR	65,336.06 481.98M	0.82% 528.42
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OGTi	33,773.06 6.87M	0.71% 237.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,945.00	81,340.00 79,565.00	-1580.00 -1.94%
BRENT CRUDE	113.73	114.94 113.25	-1.59 -1.38%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.25 0.19%
ROTTERDAM COAL MONTHLY	145.70	145.70 145.60	-0.15 -0.10%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	100.71	102.31 100.44	-2.07 -2.01%
SUGAR #11 WORLD	19.58	19.80 19.34	0.24 1.24%