KARACHI: The US dollar gained value against the Pakistani rupee in the both interbank and open market while gold price increased by Rs750 per tola during the outgoing week.
According to details, the price of the greenback increased by 98 paisa in the interbank market, closing at Rs167.33; however, since July 1, dollar dipped by 70 paisa. During the outgoing week value of Pound remained unchanged at 211 rupees.
Dollar, in open market gained 60 paisa to 167.60 rupees while dirham and riyal gained 20 paisa to close at 45.10 rupees and riyal at 44.30 rupees. Euro in open market increased by Re2 to 189.50 rupees.
On the other hand gold price also saw an upward trend and increased by Rs750 per tola during the outgoing week to reach price of Rs109650.
The Pakistan Stock Exchange (PSX) up by 3.2 percent during the outgoing week and the KSE-100 Index closed at 37,331 points. Since July 1, 2020, PSX has gained by 8.2 percent.