KARACHI: On Friday, PKR continued to gain value against USD in both interbank and open markets. It also went up against Euro and SR in open market while remaining unchanged against AED.
INTER-BANK MARKET RATES: In the interbank market, Pakistan Rupee gained 20 paisas for both buying and selling against USD over yesterday's rates closing at 158.10 and 158.20 respectively.
OPEN MARKET RATES: In the open market, PKR remained unchanged for buying while gaining 10 paisas for selling over yesterday's rates closing at 157.80 and 158.10 respectively.
Against Euro, PKR gained 50 paisas for both buying and selling closing at 183.50 and 185 respectively.
Against UAE Dirham, PKR remained unchanged for both buying and selling closing at 42.60 and 42.80 respectively.
Against Saudi Riyal, PKR gained 5 paisas for buying and selling closing at 41.30 and 41.50 respectively.
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Open Bid Rs 157.80
Open Offer Rs 158.10
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Interbank Closing Rates: Interbank Closing Rates For Dollar on Friday
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Bid Rate Rs 158.10
Offer Rate Rs 158.20
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RUPEE IN LAHORE: The Pak rupee maintained upward journey in the process of trading against the US dollar and the British pound in the local market on Friday.
The dollar remained under selling pressure for the third consecutive day following prevalence of fresh buyers' interest in the market. As a result, the dollar ended further lower for buying and selling at Rs 157.00 and Rs 158.50 against the overnight closing rate of Rs 157.50 and Rs 159.00 respectively, local currency dealers said.
Similarly, the rupee continued to keep going up for the second consecutive day versus the pound sterling that was bought and sold at Rs 204.50 and Rs 206.00 against Thursday's closing trend of Rs 205.50 and Rs 207.00 respectively, they added.
RUPEE IN ISLAMABAD AND RAWALPINDI: The rupee gained 50 paisas against the rupee at the open currency markets of Islamabad and Rawalpindi here on Friday.
The dollar opened at Rs158.40 (buying) and Rs158.50 (selling) against last rate of Rs158.90 (buying) and Rs159 (selling).
It closed at Rs158.40 (buying) and Rs158.50 (selling).
The buying and selling rates of one tola of gold was Rs 111,600 (selling) and Rs113,400 (buying) at the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi.
Copyright Business Recorder, 2020
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