The rupee ended slightly weaker against the dollar in the interbank market on Monday, dealers said. The rupee closed at 115.61 against the dollar as compared to 115.59 in the previous trading session.
“The currency fell slightly in a dull trade. Bids and offers for the dollar remained in the range of 115.52 and 115.71,” a currency dealer said. The rupee was traded around the existing support level of 115.61/115.63. Many traders had already predicted that the rupee would bounce back to trade at 115.61 in the coming sessions. The local unit is expected to remain largely stable until the interim government takes office early next month. The rupee gave up earlier gains to trade weaker in the open market due to surge in foreign exchange demand.
The rupee closed at 117.60/117.90 against the dollar as compared to 117.30 and 117.60 on Friday.
The headquarters of the Sui Southern Gas Company . — APP FileKARACHI: Sui Southern Gas Company has launched a fresh...
The logo of the ExpoMed Eurasia. — CA MI websiteKARACHI: Pakistan is participating in ExpoMed Eurasia, a leading...
Gold bars are seen in this undated file photo. — AFP/FileKARACHI: Gold prices increased by Rs500 per tola on...
FFBL Head Office building can be seen in Islamabad. — FFBL WebsiteKARACHI: Fauji Fertilizer Bin Qasim Limited has...
Representational file of an MBW car. — AFP FileLAHORE: Small improvements in economic credentials of the country are...
The logo of the Oil and Gas Regulatory Authority . — Ogra websiteKARACHI: After Pakistan’s oil refineries,...
