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 6 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.
US says underwater drone 'malfunctioned' after Iran claimed capture
- 20 hours ago
Thieves steal Renoir paintings from French Riviera museum
- 7 hours ago
Brent crude rises above $100 a barrel as Middle East conflict escalates
- 7 hours ago
Security forces kill 11 terrorists in Kharan, Washuk: ISPR
- 7 hours ago
Huawei copies Samsung’s privacy display in its latest trifold
- 16 hours ago
Google is sending MrBeast into the wilderness, armed with AI
- 16 hours ago
The Jewish Democrats trying to get to “yes” on Abdul El-Sayed
- 5 hours ago
Data centers are bringing Americans together
- 14 hours ago
CD sales are booming as physical media continues its resurgence
- 16 hours ago
Data centers can’t win on Earth. How about in space?
- 5 hours ago
The unusually muted Tesla Cybercab launch
- 7 hours ago
Govt jacks up petrol price by Rs5.58, HSD by Rs4.18
- 20 hours ago
You May Like
Trending
