Tuesday, November 24, 2020

Pakistani Rupee gains against US dollar

Featured

Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover...

US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's...

Systems Limited Wins Forbes Asia’s Best Under A Billion Award 2020

Systems Limited – a next-generation global technology company enabling enterprises to reimagine their businesses through information technology (IT) and...
Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
Pak rupee gained 10 paisas against dollar on Thursday to close at Rs138.80 compared with the last closing of Rs138.90 in inter-bank market.
The market sentiment was improved because of the successful visit of Saudi Crown Prince Mohammed bin Salman, who pledged $20 billion in investments.
However, still a sense of uncertainty prevails in the market, due to which currency is fluctuating in a very narrow range.
The demand by the importers and corporate sector was offset by flow of remittances and export receipts.
Malik Bostan Khan, President Forex Association of Pakistan said the buying and selling of US dollar was recorded at Rs138.50/Rs139.00 as against last closing of Rs138.50/Rs139.00 in cash free market.
Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
- Advertisement -

Latest News

Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover...

US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's hard-line stance towards Beijing, have...

Systems Limited Wins Forbes Asia’s Best Under A Billion Award 2020

Systems Limited – a next-generation global technology company enabling enterprises to reimagine their businesses through information technology (IT) and business process outsourcing (BPO) services...

Global tax evasion hits $ 427 billion annually

Governments around the world lose about $ 427 billion annually due to fraud and tax evasion as companies and wealthy people divert their money...

Australian special forces involved in murder of 39 Afghan civilians, war crimes report alleges

According to the results of the years-long Canberra investigation into the conduct of Australian Special Forces personnel in Afghanistan between 2005 and 2016, the...

Related News