The dollar value one rupees increased to Rs. 123.50

The value of the dollar in the open market was increased by 1 rupee to the 123.25 level

The value of the dollar in the open market was increased by 1 rupee to the 123.25 level

Karachi … News Time

State Bank prohibited exchange companies from customs offices and restrictions on delivery of relevant banks. US dollar sales have been limited to 20% in the open currency market however, due to closure of the interbank market on week a week, the value of the dollar in the open market increased by 1 rupee to 123.25 levels. While the value of the dollar in the interbank market closed Friday 124.40.

President Malik Bostan of the Forex Association of Pakistan told express because of the new ban on Exchange Bank direct exchange for exchange of exchange for Exchange customers, the dollar’s biggest investor has disappeared from the open market. Because open-stock exchange buyers in great value are avoiding the expense of potentially fraudulent and decomposition-chest hazardous exposure to exchange companies of Exchange companies. That’s why customers from the countrywide open currency market purchased at least $ 7 million but there were no US dollar salesmen in exchange companies.

Malik Bostan said open market other foreign currencies, including Darma-rale British Pound, Euro currency, reached the volume of $ 30 to $ 30 million. He said that since the purchase activities of Hajjaj have ended therefore, the Saudi market in the open market is also widely available therefore exchange companies are importing US dollars by exporting other foreign exchange currencies except dollars while circulating the existing spiral dollar deposits in the banks are heading. In response to a question, Malik Bostan said on the economic front, if an unfortunate incident happened. So this week, there will be no major change in both the exchange markets in the two countries and the value of US dollars in both the gold exchange markets will be between 120 rupees to 125 rupees.

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