36 C
Lahore
Saturday, June 12, 2021

US greenback price towards Pakistani rupee on March 22

Must read

Denmark’s Eriksen given CPR throughout Euro 2020 match

Denmark's Christian Eriksen is carried off after collapsing in the course of the match. — Pool through Reuters/Friedemann VogelCOPENHAGEN: Denmark midfielder Christian Eriksen collapsed...

With a PTI govt in Sindh, issues would have been completely different: Fawad Chaudhry

Minister for Data and Broadcasting Fawad Chaudhry addressing a press convention in Karachi, on June 12, 2021. — YouTube Funds given to Sindh should not spent...

PSL 2021: Quetta Gladiators off to an amazing begin towards Peshawar Zalmi

Quetta Gladiators are off to an amazing begin towards Peshawar Zalmi, with the Sarfaraz Ahmed-led aspect dismissing two key gamers of Wahab Riaz-led aspect...

Qureshi conveys Pakistan’s understanding of resolution taken by Saudi Arabia to restrict Hajj

International Minister Shah Mahmood Qureshi is pictured with Prince Faisal bin Farhan Al Saud, International Minister of the Kingdom of Saudi Arabia on this...

The shopping for price of the US greenback was Rs155.5, whereas it was offered at Rs155.8 on Monday. Photograph: File

KARACHI: The shopping for price of the US greenback was Rs155.5, whereas it was offered at Rs156.2 on Monday, March 22 on the opening of Pakistan’s forex market.

Attributable to larger demand for the onerous forex, the Pakistani rupee is anticipated to register a range-bound motion towards the greenback within the present week, in line with foreign exchange merchants.

Because the greenback inflows stayed strong and the political disaster (Senate elections) appeared to have calmed for the second, the native forex began its upward development within the interbank market after staying range-bound final week.

Learn extra: Weekly forex replace: Merchants anticipate Pakistani rupee to stay range-bound subsequent week

Merchants anticipate the rupee to consolidate round its present ranges because of a big uptake in importers reserving forwards, which counters the exporters’ gross sales.

In the meantime, following had been the charges of the US greenback, Saudi Riyal, UK Pound, the UAE’s Dirham, and different foreign exchange within the open market on Friday.

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

Forex Shopping for Promoting
Australian Greenback 119  121
Canadian Greenback 121.5 123.5
Euro 183 185
Saudi Riyal 41 41.5
Japanese Yen 1.51 1.54
China Yuan 24.2 24.35
UAE Dirham 42 42.5
UK Pound Sterling 215.5 218
US Greenback 155.5 156.2

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Denmark’s Eriksen given CPR throughout Euro 2020 match

Denmark's Christian Eriksen is carried off after collapsing in the course of the match. — Pool through Reuters/Friedemann VogelCOPENHAGEN: Denmark midfielder Christian Eriksen collapsed...

With a PTI govt in Sindh, issues would have been completely different: Fawad Chaudhry

Minister for Data and Broadcasting Fawad Chaudhry addressing a press convention in Karachi, on June 12, 2021. — YouTube Funds given to Sindh should not spent...

PSL 2021: Quetta Gladiators off to an amazing begin towards Peshawar Zalmi

Quetta Gladiators are off to an amazing begin towards Peshawar Zalmi, with the Sarfaraz Ahmed-led aspect dismissing two key gamers of Wahab Riaz-led aspect...

Qureshi conveys Pakistan’s understanding of resolution taken by Saudi Arabia to restrict Hajj

International Minister Shah Mahmood Qureshi is pictured with Prince Faisal bin Farhan Al Saud, International Minister of the Kingdom of Saudi Arabia on this...

Protest erupts in Islamabad over dying of suspect in CTD custody

A protest erupted in Islamabad on Saturday after the dying of a suspect within the custody of the Counter Terrorism Division.The family and acquaintances...