Rupee sheds Rs1.91 against US dollar in interbank trading
ISLAMABAD (APP) - Pakistani rupee on Monday witnessed Rs1.91 devaluation against the US dollar (USD) in the interbank trading and closed at Rs 279.80 against the previous working day’s value of Rs 277.89.
However according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 281 and Rs 284 respectively.
The price of the Euro increased by Rs 4.34 to close at Rs 306.58 against the last day’s closing of Rs 302.24, according to the State Bank of Pakistan (SBP). The Japanese Yen gained 03 paisa to close at Rs1.96, whereas an increase of Rs 4.59 was witnessed in the exchange rate of the British Pound, which traded at Rs 358.51 as compared to its last day’s closing of Rs 353.92.
The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 52 paisa and 51 paisa to close at Rs76.17 and Rs74.58, respectively.
PSX stays bullish, gains 377 points
The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend, gaining 377.82 points, a positive change of 0.85 percent, closing at 44,585.13 points against 44,207.31 points the previous trading day.
A total of 440,221,059 shares were traded during the day as compared to 247,993,312 shares the previous day, whereas the price of shares stood at Rs.12.086 billion against Rs.8.512 billion on the last trading day.
As many as 342 companies transacted their shares in the stock market; 238 of them recorded gains and 82 sustained losses, whereas the share price of 22 companies remained unchanged.
