Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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Rupee depreciates in early trade

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October 9, 2018 (MLN): The Rupee-Dollar exchange rate in the interbank has opened the day with a bid price of PKR 130 per US dollar while the ask price is at PKR 134 per US dollar.

The Rupee value has depreciated by around PKR 8.75 per dollar, from PKR 124.26 per dollar yesterday to PKR 133/134 per dollar today, demonstrating a depreciation of around 7%.

The market expects the total depreciation of rupee to stand in at 8-9% today, as compared to yesterday’s closing.

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Posted on: 2018-10-09T09:42:00+05:00

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