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.
21 Prime Day deals Verge readers are buying right now
- 2 days ago
Google’s new rules for the app store will allow alternative billing next week
- 17 hours ago
Ford had to hire back former engineers to fix mistakes made by its automated systems
- 2 days ago
Polestar has been muscled out of the US market
- 17 hours ago
Bob Iger’s Disney wanted Apple, Twitter, and 007
- 2 days ago
5.9-magnitude earthquake rocks Punjab, Islamabad, parts of KP
- 2 days ago
Leica’s $6,690 SL3-P pairs 44-megapixel stills with 8K video
- 17 hours ago
GTA VI is a worrying sign for the future of physical games
- 17 hours ago
The SwitchBot battery-powered fan we love is $90 for Prime Day
- 17 hours ago
The solar-powered Birdbuddy Pro is on sale for $168, the lowest price yet
- 2 days ago
Our favorite Prime Day gadgets under $100 you don’t need but will really want
- 17 hours ago
MSMEs take centre stage in govt’s economic vision, says SAPM Haroon Akhtar Khan
- 2 days ago
You May Like
Trending
