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Tag Archives: Rupee stabilises against dollar

Rupee stabilises against dollar


June 2, 2019

KARACHI: Interest rate hike diverted investment from US dollar to domestic bonds and deposits in banks which reduced pressure on dollar demand, said financial market sources. The exchange rate remained relatively calm during the week ended on Saturday while the dollar lost in both interbank and open market against the local currency. The dollar fell to Rs148.20 in the interbank …

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