$ 125 in the open market is also not available
Karachi … News Time
Due to the adoption of non-intervention policy in government markets of gold exchange the rupee of Pakistan rupee continued on Wednesday and the US dollar disappeared from the open market and the buyers kept wandering upset. According to sources, rupee demand has increased significantly due to lack of rupees but the supply is low due to which the needy is facing difficulties in getting dollars and they are ready to buy dollars on demand for dollars to fulfill their needs but in the open market, $ 125 is not found in the open market, there is only one answer from everywhere that the dollar is not available.
Sources say exchange companies want to buy dollars but people are not selling greenbacks on the hope of increasing the dollar’s rewards, therefore, there are also no sellers in the market due to which the exchange companies are not selling dollars because they say they will sell if the dollar is received. According to sources, the rate of rupees per rupee of 125 rupees is being told by some firms but the dollar is not available on the return. It is clear that the public is the open market dependent on the needs of the dollar from abroad, dollars are obtained for travel, treatment therapies, tourists and other necessities, Similarly, dollars for some real estate schemes are purchased from the open market.
On the other hand, according to the report issued by the Forex Association of Pakistan on Wednesday, the highest returns of the dollar in the interbank market recorded Rs 121.73 and at least 121.63 rupees. In the open market, the value of the dollar reached 124.50 rupees while at least 124 rupees, thus, the difference in the dollar rate from the interbank market in the open market has exceeded 3 rupees. In the past few days the rates of other currencies in addition to the US dollar have increased, Saudi Rial price is Rs 32.80, UAE Dirham’s 33.80 rupees, Euro 143.25, Pound Sterling 163, Chinese Yuan 19.50 rupees and Japanese Yen 1.12.
