Pakistani Rupee (PKR) appriciates against the United States Dollar (USD) by Rs 0.16 in value in the interbank market, The Ruppe is currently being traded at Rs 167.70
The exchange rate of Pakistani rupee against United States dollar witnessed an increase of 15 paisa in interbank last day and traded at Rs 167.76 against Rs 167.89 on last trading day, State Bank of Pakistan reported.
As per to Forex Association of Pakistan, the buying and selling rates of Dollar in open market were recorded at Rs 163.5 and Rs 166 respectively.
Gold prices inched higher today on a weak dollar, amid improving risk sentiment on hopes that the novel coronavirus pandemic is nearing a peak.
Spot gold rose 0.1% to $1,647.94/oz by 3.12am GMT, having hit a 4 week high of $1,671.40/oz on Tuesday. US gold futures were flat at $1,683.40/oz.
Stephen Innes, chief market strategist of AxiCorp a Financial services firm , said in a note that With the dollar showing signs of weakness, gold prices will remain supported,
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