US dollar gains 42 paisas against Pakistan rupee
The US dollar started the month of August on a stronger note Monday and climbed 42 paisas against Pakistan rupee at the closing time of trading, 24NewsHD TV channel reported.
The US dollar with an increase of 42 paisas reached at Rs167.40 from Rs166.98 available in inter-bank trade.
In early trading, the US dollar lost 23 paisas against Pakistan rupee but at the end of the day, it was dollar who went up against rupee.
On the last working day of July, the dollar price closed at Rs166.98. On Thursday, by the time the session was closed, the dollar was up by 20 paisas and available for Rs166.98. Similarly, the euro gained 24 paisas with an exchange rate of Rs196.27 while the pound was available for Rs216.89 after gaining 70 points.
Last month, July had also proved to be a turbulent month for the rupee. It was July 20 when the dollar set a new record in the country’s history as it was traded for Rs168.30 in inter-bank exchange rate after a gain of 97 paisas. Similarly, the dollar had closed the session at Rs168.80 in the open market after gaining Rs1.20.