KARACHI: The buying rate of the US dollar on the first day to trading-week closed at Rs158.8 whereas its selling rate settled at Rs159.4 on Monday.
Published 5 years ago on Feb 16th 2021, 11:11 am
By Web Desk
Due to a number of economic factors, the Pakistani rupee is projected to strengthen slightly against the greenback in coming days.
The factors which are expected to strengthen the rupee consist of increased inflows from remittances under the Roshan Digital Account (RDA) and funds coming into the bonds and low dollar demand from traders.
Meanwhile, a single tola of 24-karat gold in Pakistan was sold for Rs111,050 at the closing of the bullion market. Likewise, 10 grams of 24k gold was sold for Rs95,207 at the closing of trading. While, 10 grams of 22k gold was traded for Rs87,274.
Aurangzeb terms Panda Bond issuance historic milestone
- 20 hours ago
Iran has 'no trust' in US, will negotiate only if it is serious, Araqchi says
- a day ago
Hantavirus outbreak tests post-Covid health communications playbook
- 20 hours ago
Everything at The Criterion Collection is 30 percent off right now
- 12 hours ago
Why the anti-abortion movement is disappointed in Trump
- 10 hours ago
Pakistan repatriates its 11 nationals from US-seized vessels
- 20 hours ago
African nationals linked to Pinky’s drug network, her own brand name will be her downfall: Karachi police chief
- a day ago
Trump concludes visit to China, says made 'fantastic trade deals' with Xi
- a day ago
Punjab relaxes business hour restriction of 8pm until June 1
- 20 hours ago
A year of Trump is backfiring on the religious right
- 10 hours ago
Trump’s China policy is nearly the exact opposite of what everyone expected
- an hour ago
What would J.R.R. Tolkien think of Palantir?
- 10 hours ago
You May Like
Trending
