Karachi: After intervention of State Bank Of Pakistan rising dollar rates have started to decrease as dollar rate reached 167.90 after diminishing 1.22 rupees in inter bank market.
In the last few days green paper back witnessed rise which jumped to 169. 90 Rs, in the situation the SBP intervened and dollar rates declined to 167.90 Rs today.
On the other hand positive trend witnessed at Pakistan Stock Exchange (PSX) due to which business community is expressing satisfaction.
When market opened today index was at 46, 718 points which reduced afterwards but this reduction could not prevailed more and the market started to rise.
At this stage index is at 46, 869 after an increase of 152 points.
