KARACHI: In the interbank currency market today, the US dollar saw a slight increase, climbing by 9 paisa to settle at 281.75 rupees.
In the interbank currency market, the US dollar experienced a modest upward movement today, rising by 9 paisa to close at 281.75 rupees. The recent increase reflects ongoing fluctuations in the exchange rate, with the dollar strengthening slightly against the rupee.
Meanwhile, in the open market, the US dollar is being traded at 283.75 rupees, indicating a slight premium over the interbank rate and maintaining its bullish momentum among traders and consumers.
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Meanwhile, the Pakistan Stock Exchange (PSX) experienced a mixed start to the trading week. After an initial surge of 600 points, suggesting investor optimism, the market soon pared gains and closed with a decline of 13 points.
The fluctuations highlight cautious investor sentiment amid prevailing economic uncertainties.