23 C
Lahore
Thursday, March 4, 2021

US greenback being offered at Rs160.6 on January 5

Must read

Good lockdown imposed in sure areas of Lahore

On this file picture, individuals stand in circles drawn with chalk to take care of protected distance exterior a financial institution in Lahore. —...

India’s standing downgraded from ‘free’ to ‘partly free’ nation in US report

On this photograph taken on December 24, protesters maintain placards at an illustration towards India's new citizenship legislation in New Delhi. — AFPUS suppose...

PM Imran Khan addresses nation after yesterday’s Senate upset

https://www.youtube.com/watch?v=sOdRPZwcxOw Prime Minister Imran Khan is addressing the nation after yesterday's upset within the Senate race with the federal government candidate Abdul Hafeez Sheikh...

20 migrants killed after smugglers throw them into sea off Djibouti: IOM

Representational picture of migrants sitting in a ship. Picture: AFPAt the least 20 migrants misplaced their lives because of drowning after smugglers threw them...

The shopping for price of the US greenback was Rs159.8 whereas its promoting price was Rs160.6 on Tuesday. Picture: Geo. television/File
  • The rupee weakened towards the greenback within the interbank market on Monday.
  • Throughout the earlier session, the rupee traded within the vary of 159.75 and 160.12.

KARACHI: The shopping for price of the US greenback was Rs159.8 whereas its promoting price was Rs160.6 on Tuesday, January 5 on the opening of Pakistan’s foreign money market.

On Monday, the rupee weakened towards the greenback within the interbank market.

The rupee closed at 159.98 towards the greenback, in contrast with the earlier closing of 159.83. It weakened by 0.09% or 15 paisas, through the session.

Within the open market, the rupee ended at 160.20 versus the buck, in contrast with the earlier closing of 160.30.

Sellers stated the native unit misplaced some floor within the first session of 2021 resulting from elevated greenback demand from importers and the company sector for funds.

The rupee traded within the vary of 159.75 and 160.12 through the session.

“We saw demand from the greenback in active trading today. There was a payment pressure, as trading resumed after a long weekend,” a foreign money supplier stated.

Learn extra: US greenback being offered at Rs159.8 on January 4

“We expect a downside pressure on the currency to continue in the next few sessions, amid import payments. Later, the rupee could appreciate marginally against the greenback.”

In the meantime, the next have been the charges of the US Greenback, Saudi Riyal, UK Pound, the UAE’s Dirham, and different foreign currency within the open market.

Foreign money Shopping for Promoting
Australian Greenback 121  123
Canadian Greenback 123  125.5
Euro 193.5 196 
Japanese Yen 1.55  1.58
China Yuan 24.5  24.65 
Saudi Riyal 42.25 42.9
UAE Dirham 43.4 44 
UK Pound Sterling 215.5  218.5 
US Greenback 159.8 160.6 

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Good lockdown imposed in sure areas of Lahore

On this file picture, individuals stand in circles drawn with chalk to take care of protected distance exterior a financial institution in Lahore. —...

India’s standing downgraded from ‘free’ to ‘partly free’ nation in US report

On this photograph taken on December 24, protesters maintain placards at an illustration towards India's new citizenship legislation in New Delhi. — AFPUS suppose...

PM Imran Khan addresses nation after yesterday’s Senate upset

https://www.youtube.com/watch?v=sOdRPZwcxOw Prime Minister Imran Khan is addressing the nation after yesterday's upset within the Senate race with the federal government candidate Abdul Hafeez Sheikh...

20 migrants killed after smugglers throw them into sea off Djibouti: IOM

Representational picture of migrants sitting in a ship. Picture: AFPAt the least 20 migrants misplaced their lives because of drowning after smugglers threw them...

Fb to finish ban on political adverts in United States | The Specific Tribune

Fb will raise its non permanent ban on political promoting in the USA on Thursday, the corporate stated in a weblog put up on...