Karachi: In the open market, the rupee closed lower at 159.50 against the dollar, compared with 159.20 in the previous session. The buying rate of the US dollar was Rs159.2, while its selling rate was Rs160 on Tuesday,
Published 5 years ago on Feb 17th 2021, 9:29 am
By Web Desk
Earlier, on Monday the rupee fell, breaking a five-session winning streak, as a sudden increase in importers’ dollar demand weighed down the domestic currency, dealers said.
Dealers said the Rupee gave up gains, again coming to 159 levels, amid increased demand for the greenback for import payments.
A currency dealer said that there is a reversal in the rupee’s direction. We saw importers come to the market to buy dollars to settle their payments.
Donald Trump wishes Pakistan, India to be best neighbors
- 11 منٹ قبل
The problems with AI in the smart home and how Amazon and Google plan to fix them
- 4 گھنٹے قبل
Pakistan, Saudi Arabia sign MoU to strengthen anti-corruption, asset recovery cooperation
- 11 گھنٹے قبل
Private Hajj scheme bookings to close at midnight on Friday
- 11 گھنٹے قبل
Verizon buys the not-quite-5G wireless ISP Starry to expand wireless broadband
- 4 گھنٹے قبل
Follow live: Cubs aim to force Game 5 vs. Brewers
- 3 گھنٹے قبل
130 dead in Mexico due to torrential rains, floods
- 15 منٹ قبل
What humans might learn from nature’s real-life zombies
- 2 گھنٹے قبل
What the National Guard is doing in Chicago
- 2 گھنٹے قبل
.jpg&w=3840&q=75)
Gaza Ceasefire Agreement Signed by U.S., Egypt, Türkiye, and Qatar
- 11 گھنٹے قبل
No. 1 Buckeyes 'want to be great,' cruise to 5-0
- 3 گھنٹے قبل
Repair of submarine cable, internet service may be affected today
- 2 منٹ قبل
You May Like
Trending
