Sunday, February 28, 2021

USD moved in narrow range, closed at Rs 139

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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]
The US Dollar moved in a narrow of range of 05 paisas between the low of Rs138.86 and high of Rs138.91 in the inter-bank market, and closed at Rs139 on Wednesday.

 

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The greenback remained pressure free as the demand from importers and corporates was offset by remittances and export receipts.

 

Malik Bostan Khan, President, Forex Association of Pakistan (FAP) said buying and selling of dollar recorded at Rs138.80/Rs139.20 as against Monday’s closing of Rs138.80/Rs139.20 in cash free market.

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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]
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