Dollar traded at Rs166.63 with 28-paisa gain

By: News Desk      Published: 04:35 PM, 19 Jun, 2020
Dollar traded at Rs166.63 with 28-paisa gain

The US dollar was available for Rs166.63 as it gained 28 paisas in inter-bank rate on Friday, reported 24NewsHD TV channel, which translates into an overall gain of Rs2.41 against the local currency during the week.

Interestingly, the dollar during the current business week (ending Friday), the dollar moved upward on each day.  

Meanwhile, the dollar reached the level of Rs167.20 in open market after gaining 60 paisas.

On the other hand, the euro was down by 16 paisas in inter-bank rate and by Rs0.50 in open market, closing at Rs186.80 and Rs186 respectively.

Meanwhile, the pound sterling in inter-bank rate closed the session at Rs207.26 after losing Rs 1 against the local currency, while there was no change in the open market with the price maintained at Rs209.

On June 5, the dollar had reached the level of Rs163.30 while it currently stands at Rs166.63, representing a gain of Rs3.33 against the local currency.

Similarly, the dollar is now available for Rs167.20 in open market, which means it is up by Rs3.70 when compared with the value recorded on June 5.

If we have a look at the pound and the euro since June 5, the two currencies were available at Rs206.70 and Rs185.45 respectively in inter-bank trading. And in the open market, the pound was traded at Rs205 and the euro at Rs182.50.

Since then, the pound is up by Rs0.54 in inter-bank trading and by Rs4 in the open market. Similarly, the euro has moved upwards with a gain of Rs1.35 in inter-bank rate and of Rs3.50 in the open market.

Categories : Business