US Dollar dives 6.2pc against Rupee in International Market

Surprising day for Pakistan as US Dollar dives down at Rs. 121.57 against Pakistani Rupee approximately 6.2% in a day. 

Earlier we reported InterBank US Dollar rate continues to decline and In open Market Dollar nose dived at closing hour on monday.

Dollar dives 6.2pc against Rupee in International Market
Dollar dives 6.2pc against Rupee in International Market

Inflow from Saudia Arabia and China has offered 2$ billion loan to upcoming government for settlement purpose, this news made a huge impact on market on monday and as Pakistani Rupees fever started to drop against US Dollar, like never before.

PSX - 770+ change with current exchange at 43556.6
PSX – 770+ change with current exchange at 43556.6

Meanwhile PSX ( 100 Index ) closed with 770+ change with current exchange at 43556.6 The confidence in market is visible since General Elections results and expecting to improve further as PTI to forms a new government in Federal, KPK and Punjab on August 11.

 

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