Sehar Timings Mar 29 - Ramazan 18

Lahore
LHR
04:36 AM
Karachi
KHI
05:12 AM
Islamabad
ISB
04:38 AM
Peshawar
PWR
04:42 AM
Quetta
QTA
05:07 AM

News

Dollar, euro, pound up in inter-bank trading

May 12, 2020 05:41 PM


The US dollar started from where it had left the previous day as it grew stronger Tuesday after gaining 38 paisas in inter-bank rate.

But this depreciation wasn’t limited to the dollar as the rupee depreciated against the pound sterling and euro too in inter-bank trading.

Earlier on Monday, the dollar had started the week with a gain of 11 paisas against the rupee by closing at Rs160.07.

And Tuesday’s inter-bank trading saw the world’s dominate currency ending the business day at Rs160.45.

Same was the case with euro which closed at Rs173.64 after gaining 42 paisas while the pound was up by 10 paisas and reached the level of Rs197.89.

As far as the open market is concerned, the dollar price increased by 50 paisas and closed at Rs160.50.

Meanwhile, the euro depreciated by 50 paisas and ended the day at Rs173 while the pound rate remained unchanged at Rs200.



Most Read

  1. Aitchison College principal resigns over differences with Punjab governor Aitchison College principal resigns over differences with Punjab governor
  2. Man murders young sister by smothering her with pillow in Toba Tek Singh Man murders young sister by smothering her with pillow in Toba Tek Singh
  3. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  4. Tribal firefight in Gotki, Motorways section shut down Tribal firefight in Gotki, Motorways section shut down
  5. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  6. Transferred: Lawman bears the brunt of flagging down lawmaker Transferred: Lawman bears the brunt of flagging down lawmaker

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer