Business
Dollar's expensive streak continues against Pakistani rupee
The mixed business trend continues in the Pakistan stock market (PSX).
![Dollar's expensive streak continues against Pakistani rupee](/media/85000/conversions/dollar-1280x720.webp)
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.
-
World 2 days ago
Kamala leads Trump 44pc to 42pc in US presidential race
-
Pakistan 17 hours ago
Bad weather: Flight operations severely affected in Lahore
-
Pakistan 2 days ago
Nawaz, Zardari standing on wrong side of history: Fawad
-
Regional 2 days ago
Rana Sanaullah lauds UNESCO's role in sports education
-
World 2 days ago
Nepali Airlines plane skids, crashes during take-off, 18 killed
-
Pakistan 2 days ago
Free Meal Program to start at Islamabad schools from August 5
-
Weather 2 days ago
Rain likely at isolated places; humid weather to continue: PMD
-
Weather 2 days ago
Weather turns pleasant after rains in Lahore, other cities