Rupee posts marginal gain against US dollar
5 Articles
5 Articles
Intraday trade: PKR posts minor gain against USD
KARACHI: The Pakistani rupee (PKR) posted a slight gain against the US dollar (USD) in early trading Tuesday, rising by four paisa to Rs281.53 in the interbank market, marking a 0.01 per cent appreciation. Despite the marginal uptick, the PKR remains under pressure overall. Since the start of the fiscal year, the currency has weakened by Rs3.23 or 1.15 per cent. On a calendar-year basis, it is down Rs3.02 or 1.07 per cent against the greenback. …
Rupee gains 14 paisa against US Dollar
The Rupee on Monday appreciated by 14 paisa against the US Dollar in the interbank trading and closed at Rs 281.56 against the previous day’s closing of Rs 281.70. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.00 and Rs 283.50, respectively. The price of the Euro decreased by Rs4.19 to close at Rs 312.86 against the last day’s closing of Rs 317.05, acc…
Forex Market: Indian rupee settle higher | DH Latest News, DH NEWS, Latest News, NEWS, Business , Forex traders, US dollars, US dollar, Forex, indian rupees, Indian Rupee, Forex Foreign Exchang, Forex Market, US Dollar Index
Mumbai: The Indian Rupee settled higher against US dollar on Monday. The local currency opened lower pressured by increasing tensions on the border, the renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices . However, continuing FPI flows into the domestic equity markets and better-than-expected corporate earnings supported the local currency. The USD/INR pair resumes its uptrend as …
Dollar strengthens against yen on positive US-China trade developments
The dollar climbed 0.6% to 146.19 yen in early Asian trade on Monday after weekend talks between the U.S. and China eased concerns of a trade war. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer on Sunday said a deal had been reached with China to cut the U.S. trade deficit. The dollar rose by 0.1% and was trading near a one-month high. The currency is still down 3.5% following the April 2 announcement of U.S. President …
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