US dollar value will fall by Rs 129 in the open currency market next week
Karachi … News Time
The open currency market will drop USD 129 by next week by ending peaceful elections and political horizons. The US dollar value fell below 130 rupees against the rupee in the open currency market on the previous day, the price drops by Rs 30 to Rs 129.70, the value of dollar remained open in the open market on Thursday, which reached an increase of 129.80 rupees and level of Rs 130. But at the end of the business, the open market price of the dollar closed at Rs 129.70, similarly, the value of the dollar in the interbank market closed by 15 paise to 127.70. In the Interbank, Dollari’s business activities started from 128.28 rupees, which fell on one occasion to 128.10 rupees, but the end was at Rs 128.17.
President Malik Bostan of the Forex Association of Pakistan said the election held in the peaceful environment has created an atmosphere of trust in the currency market and people turned on a limited scale currency market. He said while congratulating Imran Khan on the PTI’s successor success in the election now that the main national responsibility has come to their shoulders, so now they are in front of the example of Fateh Makkah. Instead of revenge politics, the opponents should be forgiven so that peace and security situation prevails with possible response to election results. And by setting up new economic policies, the country should be expelled from economic disaster. Malik Bostan said the demand was more restricted than the open market dollar logistics it is likely that the value of the dollar will go down by 129 rupees next week.
