Dollar to rise again

Image

ISLAMABD: The US dollar was reported to be on the rise again after a gradual decrease past week in the open market. The Exchange Companies Association reported a 20 paisa rise in the worth of the greenback against the rupee. 

The dollar jumped to Rs 157.70 from the previous 157.50 in the open market during the exchange. Forex dealers also reported a 5 paisa increase in the price of the dollar in the interbank market. The dollar in the interbank market now stands at 157.37. Earlier, Dollar traded at Rs 157.32 in interbank, gaining 40 paisa on July 8. According to Forex dealers, the dollar edged up Rs 40 paisa, clocking in at Rs157.32. However, the price of Euro decreased by 04 paisa in interbank and was traded at Rs 176.65 as compared to the last closing at 176.69, reported the State Bank.
 

You May Also Like

Image

Maryam Nawaz to be elected today as CM Punjab

LAHORE: Punjab assemblies will elect chief ministers today (Monday). Punjab is most likely to elect the first ever female chief minister in Pakistan’s history

Image

Amin Gandapur to contest KP CM slot as independent

PESHAWAR: Khyber Pakhtunkhwa Chief Minister-designate Ali Amin Gandapur from Pakistan Tehreek-e-Insaf (PTI) has decided to vie for the provincial

Image

Political leaders demanding forms 45 from ECP

ISLAMABAD: With the clock ticking, the Election Commission of Pakistan (ECP) is under mounting scrutiny to fulfil its obligation of posting key post-election