US greenback charges in Pakistan

Throughout Monday’s buying and selling session the rupee fell, snapping a five-session profitable streak, as a sudden improve in importers’ greenback demand weighed down the home foreign money, sellers mentioned.

Within the open market, the rupee closed decrease at 159.50 towards the greenback, in contrast with 159.20 within the earlier session.

Sellers mentioned the native foreign money gave up beneficial properties, coming to 159 ranges once more, amid elevated demand for the buck for import funds.

“There’s a reversal within the rupee’s route. We noticed importers come to the market to purchase {dollars} to settle their funds,” a foreign money supplier mentioned.

Learn extra: Rupee could strengthen additional in coming week

In the meantime, the next have been the charges of the US Greenback, Saudi Riyal, UK Pound, the UAE’s Dirham, and different foreign currency within the open market.

The data has been obtained from the Foreign exchange Affiliation of Pakistan.

Foreign money             Shopping for      Promoting
Australian Greenback  121.5       123.5
Canadian Greenback   123.5       125.5
China Yuan          24.95       25.1
Euro                   91.5         193
Japanese Yen       1.55        1.58
Saudi Riyal          42            42.5
UAE Dirham         43           43.5
UK Pound            219          221.5
US Doollar           158.8       159.4