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Tuesday, May 18, 2021

US greenback offered at Rs160.75 in Pakistan on February 1

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The shopping for price of the US greenback was Rs159.8 , whereas its promoting price was Rs160.75 on Monday. Picture: STOCK IMAGE
  • The shopping for price of the US greenback was Rs159.8 , whereas its promoting price was Rs160.75 on Monday.
  • The rupee is anticipated to stay range-bound towards the US greenback this week.
  • It is going to be supported by subdued demand for laborious foreign money.

KARACHI: The shopping for price of the US greenback was Rs159.8, whereas its promoting price was Rs160.75  on Monday, February 1 on the opening of the foreign money market.

Furthermore, with an enchancment in inflows lending assist to the native unit, the rupee is anticipated to stay range-bound towards the US greenback this week supported by subdued demand for laborious foreign money.

Learn extra: Forex replace: Pakistani rupee prone to stay range-bound subsequent week towards US greenback

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

The data has been obtained from the Foreign exchange Affiliation of Pakistan.

Forex Shopping for Promoting
Australian Greenback 122 124.5
Canadian Greenback 123 125
Euro 192.5 194.5
Japanese Yen 1.55 1.58 
China Yuan 24.9 25.05
Saudi Riyal 41.8  42.4
UAE Dirham 43 43.6
UK Pound Sterling 218 221
US Greenback 159.8 160.75

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