Rupee sees minor loss in interbank PSX loses 195 points

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The rupee posted a minor loss against the dollar on Thursday, falling by seven paise in the interbank market.

According to the State Bank of Pakistan (SBP), the rupee closed at 214.95, a depreciation of 0.03 per cent.

The rupee’s value started declining on Wednesday after gaining 11.62pc against the US dollar in the previous 11 sessions.

Meanwhile, the KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 195.06 points, a negative change of 0.45 percent, closing at 43,481.50 points against 43,676.56 points on the last working day.

A total of 621,216,462 shares were traded during the day compared to the trade of 607,995,986 shares the previous day, whereas the price of shares stood at Rs.10.496 billion against Rs.11.129 billion on last trading day.

 

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