Saturday, February 27, 2021

Rupee sheds 08 paisas against USD

Featured

Joe Biden: “We will never acknowledge Russia’s annexation of Crimea”

US President Joe Biden said: "We will never recognize Russia's annexation of Crimea, and we will stand by Ukraine...

Canada Approves AstraZeneca Vaccine

The Canadian Ministry of Health approved the "AstraZeneca" vaccine for the Coronavirus, which is the third vaccine to be...

Canada: E-Katchehries meant to accord Pak community due respect & recognition

The High Commission for Pakistan in Ottawa along with Consul Generals of Pakistan in Montreal, Toronto and Vancouver held...
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]
Pakistani rupee shed 08 paisas to close at Rs139.02 on Wednesday compared with the last closing of Rs138.94 in inter-bank market, as demand from importers and corporate sector surged.

- Advertisement -

A sense of uncertainty prevails in the market resulting in minor fluctuations in the rupee value.

The demand by the importers and corporate sector was offset by flow of remittances and export receipts.

However, rupee gained 10 paisas against dollar in the open market.

- Advertisement -

Malik Bostan Khan, President Forex Association of Pakistan said the buying and selling of US dollar was recorded at Rs138.60/Rs139.10 as against last closing of Rs138.50/Rs139.20 in cash free market.

- Advertisement -
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

Joe Biden: “We will never acknowledge Russia’s annexation of Crimea”

US President Joe Biden said: "We will never recognize Russia's annexation of Crimea, and we will stand by Ukraine...

Canada Approves AstraZeneca Vaccine

The Canadian Ministry of Health approved the "AstraZeneca" vaccine for the Coronavirus, which is the third vaccine to be given the green light for...

Canada: E-Katchehries meant to accord Pak community due respect & recognition

The High Commission for Pakistan in Ottawa along with Consul Generals of Pakistan in Montreal, Toronto and Vancouver held an E-Katchehry with the members...

Equality policy: Global policy makers laud SBP’s effort to advance women’s financial inclusion through Banking

In December 2020, the State Bank of Pakistan launched its consultation process with different national and international stakeholders on its Banking on Equality Policy. A...

Hungary – First country in the European Union to use Chinese Sinopharm vaccine

Hungary began using the Chinese company "Sinopharm" vaccine against the emerging coronavirus, becoming the first country in the European Union to take this step. Hungarian...

Related News