Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 07 Apr 2026 14:46:56 +0500 Tue, 07 Apr 2026 14:46:56 +0500 60 Dollar remains strong against rupee in interbank market https://english.aaj.tv/news/30330719/dollar-remains-strong-against-rupee-in-interbank-market <p><strong>The dollar’s upward moment continued for the second consecutive day this week as the foreign currency gained Rs3.42 against the rupee in the interbank foreign exchange market.</strong></p> <p>The dollar was trading at Rs294.93 at the closing of the interbank market on Wednesday against the closing of Rs291.51 the previous day.</p> <p> <figure class='media w-full w-full media--stretch media--embed media--uneven'> <div class='media__item media__item--twitter '><span> <blockquote class="twitter-tweet" lang="en"> <a href="https://twitter.com/StateBank_Pak/status/1691784537783894438?s=20"></a> </blockquote> </span></div> </figure></p> <p>The local unit shed Rs6.44 during the last two trading sessions. The local currency declined by Rs3.2 a day earlier.</p> <p>Similarly, the rupee declined by Rs2 in the open market as the greenback was trading at Rs302/rupee.</p> <h2><a id="psx-closes-bearish-amid-negative-sentiments" href="#psx-closes-bearish-amid-negative-sentiments" class="heading-permalink" aria-hidden="true" title="Permalink"></a>PSX closes bearish amid negative sentiments</h2> <p>Meanwhile, the Pakistan bourse also closed in a negative zone as investors opted for profit-taking during the trading session while increased pressure on the rupee also dampened sentiments.</p> <p>The benchmark KSE-100 Index shed 419.32 points, or 0.86%, to reach 48,146.43 levels at the closing of the trading session.</p> <p>Likewise, the KSE-30 Index recorded a decline of 155.31 points, or 0.90%, to reach 17,124.98 points.</p> The dollar’s upward moment continued for the second consecutive day this week as the foreign currency gained Rs3.42 against the rupee in the interbank foreign exchange market.

The dollar was trading at Rs294.93 at the closing of the interbank market on Wednesday against the closing of Rs291.51 the previous day.

The local unit shed Rs6.44 during the last two trading sessions. The local currency declined by Rs3.2 a day earlier.

Similarly, the rupee declined by Rs2 in the open market as the greenback was trading at Rs302/rupee.

PSX closes bearish amid negative sentiments

Meanwhile, the Pakistan bourse also closed in a negative zone as investors opted for profit-taking during the trading session while increased pressure on the rupee also dampened sentiments.

The benchmark KSE-100 Index shed 419.32 points, or 0.86%, to reach 48,146.43 levels at the closing of the trading session.

Likewise, the KSE-30 Index recorded a decline of 155.31 points, or 0.90%, to reach 17,124.98 points.

]]> Business & Economy https://english.aaj.tv/news/30330719 Wed, 16 Aug 2023 18:46:19 +0500 none@none.com (Syed Safdar Abbas) A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. AFP/File