BR RESEARCH

KARACHI: Pakistani rupee exhibited a fall in value in both interbank and open markets against USD after markets opened on Thursday. It also fell in value against Euro, AED and SR in open market.

INTER-BANK MARKET RATES: RATES: In the interbank market, Pakistan Rupee weakened by 70 paisas for buying and by 80 paisas for selling against USD over last Thursday's rates closing at 161.20 and 161.80 respectively.

OPEN MARKET RATES: In the open market, against USD, PKR weakened by 80 paisas for both buying and selling with respect to last Thursday's rates closing at 161.30 and 161.80 respectively.

Against Euro, PKR exchange rate weakened by 2 rupees for buying and by 1.50 rupees for selling closing at 175 and 176.50 respectively.

Against UAE Dirham, PKR exhibited no change in rate for buying while losing 20 paisas selling over last Thursday's rates closing at 43.20 and 43.60 respectively.

Against Saudi Riyal, PKR weakened by 10 paisas for buying and by 30 paisas for selling closing at 42.20 and 42.60 respectively.





========================

Open Bid Rs 161.30

Open Offer Rs 161.80

========================



Interbank Closing Rates: Interbank Closing Rates For Dollar on Thursday.





========================

Bid Rate Rs 161.20

Offer Rate Rs 161.80

========================



RUPEE IN LAHORE: The Pak rupee depreciated its worth versus major currencies including the greenback and the British pound in the local currency market on Thursday.

According to currency dealers, the short supply phenomenon of the greenback prevailed throughout the trading session which helped its appreciation for buying and selling at Rs 160.00 and Rs 161.20 against the previous closing rate of Rs 159.80 and Rs 161.00 respectively.

Likewise, the national currency also followed the suit in relation to the pound sterling that was bought and sold at Rs 194.50 and Rs 196.00 against the last closing trend of Rs 193.50 and Rs 195.00 respectively, they added.

RUPEE IN ISLAMABAD AND RAWALPINDI: After Eid-holidays, the value of dollar against the rupee remained unchanged at the open currency markets of Islamabad and Rawalpindi here on Thursday.

The dollar resumed trading at Rs161.50(buying) and Rs 161.60(selling) against same last rate.

It closed at Rs161.50(buying) and Rs 161.60(selling).

The buying and selling rates of one tola of gold were Rs. 104,200(selling) and Rs. 104,100 ( buying) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi here on Thursday.

Copyright Business Recorder, 2020