Business

Dollar's expensive streak continues against Pakistani rupee

The mixed business trend continues in the Pakistan stock market (PSX).

GNN Web Desk
Published a year ago on Nov 2nd 2023, 12:01 pm
By Web Desk
Dollar's expensive streak continues against Pakistani rupee

Karachi: For the 10th consecutive day, the value of the dollar has seen a consistent rise against the Pakistani rupee in domestic exchange markets.

As the fourth day of the business week commenced, the interbank market initially witnessed an Rs0.14 depreciation, only to later surge by Rs0.26, resulting in trading at Rs282.90.

It is worth noting that in the preceding day, the dollar's price in the interbank market had ascended by Rs1.18, reaching Rs282.65.

Meanwhile, Pakistan's stock exchange, the PSX, continues to experience mixed trading patterns. The PSX 100 index opened with an increase of 18 points, totaling 52,361, following a closure at 52,342 points the previous day.