Pakistan

Rupee gains ground against US Dollar

Gold price shoots to Rs 237,800 per tola,

Pakistani Rupee on Wednesday gained a minor two paisas against the US Dollar and is currently being traded at Rs287.13 in interbank trading.

On Tuesday, the Pakistani rupee depreciated by 0.21 percent in the interbank market.

The currency settled at 287.15, a loss of 59 paisas.

In the open market, the greenback closed at Rs308 on Wednesday.

On Tuesday, the US Dollar reached Rs306 in the open market after an increase of $1 against the Pakistani Rupee on Tuesday.

In interbank trading, the American currency gained 59 paisas and reached Rs287.15 against the local unit.

Meanwhile,

The per tola price of 24 karat gold witnessed a significant surged Rs 600 on Wednesday, reaching Rs 237,800 compared to its previous rate of Rs 237,200, All Sindh Sarafa Jewellers Association said.

Similarly, the price of 10 grams of 24 karat gold rose by Rs 514 to Rs 203,875 from Rs 203,361. Additionally, the price of 10 grams of 22 karat gold also experienced an upward trend, reaching Rs 186,886 from Rs 186,414.

On the other hand, the prices of per tola silver and ten-gram silver remained stable, closing at Rs 2900 and Rs 2486.28, respectively.

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