KARACHI: On Wednesday, upon market closing, Pakistan Rupee exhibited no change against USD in interbank market with respect to yesterday's rates. In open market however, it went up against both USD and Euro.
INTER-BANK MARKET RATES: In the interbank market, Pakistan Rupee remained unchanged against USD over yesterday's rates closing at 166.15 and 166.25 respectively.
OPEN MARKET RATES: In the open market, PKR gained 10 paisas for buying and 15 paisas for selling over yesterday's rates closing at 166.15 and 166.30 respectively.
Against Euro, PKR gained one rupee for both buying and selling closing at 193.50 and 195 respectively.
Against UAE Dirham, PKR remained unchanged for buying and gained 5 paisas for selling closing at 45.15 and 45.30 respectively.
Against Saudi Riyal, PKR remained unchanged for both buying and selling closing at 44 and 44.15 respectively.
======================== Open Bid Rs 166.15 Open Offer Rs 166.30 ========================
Interbank Closing Rates: Interbank Closing Rates For Dollar on Wednesday.
======================== Bid Rate Rs 166.15 Offer Rate Rs 166.25 ========================
RUPEE IN LAHORE: The Pak rupee depreciated its worth in the process of trading against the greenback in the open currency market on Wednesday.
Following fresh buyers' interest in the market, the greenback commenced on a positive note and kept on rising throughout the trading session. As a result, the greenback ended higher for buying and selling at Rs 166.10 and Rs 166.90 against the overnight closing trend of Rs 166.00 and Rs 166.40 respectively, local currency dealers said.
On the other hand, the rupee showed strength as it recovered its day earlier losses in relation to the pound sterling. Consequently, the pound's buying and selling rates declined from Tuesday's closing of Rs 212.20 and Rs 214.00 to Rs 211.00 and Rs 213.00 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The dollar remained firm against the rupee at the open currency markets of Islamabad and Rawalpindi here on Wednesday.
The dollar opened at Rs 166.50(buying) and Rs 166.60 (selling) against same last rate.
It closed at Rs 166.50 (buying) and Rs 166.60 (selling).
The buying and selling rates of one tola of gold was Rs 121,600 (selling) and Rs121,300(buying) at the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.
Copyright Business Recorder, 2020