Rupee makes gains versus greenback in open market
KARACHI: The local currency market witnessed mixed trends during the week just ended, as rupee moved both ways but emerged a gainer in the end.
The American dollar, starting off on a positive note at the start of the week, registered losses in the ensuing days and closed at Rs60.60 on Friday. Thus, the local currency posted a gain of 10 paisa against the greenback in the open market, stated Ayaz Ali Messam, a forex analyst at Khanani & Kalia.
The local unit gave up 7 paisa versus dollar in the open market on Monday. The US dollar commenced the days trading at Rs60.60, gained ground and was changing hands at Rs60.67 at the close of market.
Rupee made a recovery of 3 paisa versus dollar on Tuesday. The American unit began the days trade at Rs60.70, shed value and was changing hands at Rs60.67 at the close.
No comments:
Post a Comment