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Reading: In interbank trade, the Pakistani rupee outperforms the US dollar.
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Baner Club > Blog > Business > In interbank trade, the Pakistani rupee outperforms the US dollar.
BusinessPakistan

In interbank trade, the Pakistani rupee outperforms the US dollar.

Karachi Stock Exchange KSE-100 index hits record high

Last updated: 2024/09/23 at 3:19 PM
Published September 23, 2024
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On Monday, the US dollar continued its downward trend in the exchange market, recording its ninth day of declines in a row. At the beginning of the working day, the dollar traded at Rs277.80, down 4 paisas, according to currency dealers.

The British pound was purchased at Rs367.5 and sold at Rs368 on the open market. The Saudi Riyal is trading at Rs74.8, the Bahraini Dinar at Rs735, and the Euro is still trading at Rs 308.

The economy is benefiting from the notable rise in the Pakistan Stock Exchange (PSX), which has reached a record high. With a gain of 333 points, the KSE-100 index is currently trading at a record 82,407 points.

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