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.
How do you know if you’re wasting your life?
- 6 hours ago
Diaz picked Dodgers because 'I'm looking to win'
- 20 hours ago
Australian PM declares Sydney shooting a ‘terrorist’ attack targeting Jews
- 13 hours ago
Sources: Rangers address needs with 3 signings
- 20 hours ago
Under-19 Asia Cup: India beat Pakistan by 90 runs
- 14 hours ago
Pakistan aims to become model in digital assets regulation: Bilal saqib
- 14 hours ago
NHL board of governors eager to see more 'color vs. color' jersey matchups
- 20 hours ago
Bondi Beach shooting: Australia hails ‘hero’ Ahmed who stopped gunman
- 14 hours ago
Security forces kill 13 Khwarij in two separate engagements in KP: ISPR
- 14 hours ago
Pakistan condemns attack on UNISFA in Kadugli, Sudan
- 14 hours ago
Jays president Shapiro given new 5-year deal
- 20 hours ago
Source: Gray, Nats reach deal to avoid arbitration
- 20 hours ago
You May Like
Trending
