Monday, January 30, 2023

Dollar loses 34 paisas against rupee in interbank market, reaches at Rs 170.53

Dollar loses 34 paisas against rupee in interbank market, reaches at Rs 170.53

KARACHI (92 News) – The dollar lost 34 paisas against rupee in the interbank market, reaching at Rs 170.53 on Friday.

On Thursday, the dollar was closed at Rs 170.87.

Reuters adds: The dollar, in the international market, traded flat against major currencies ahead of a US non-farm payrolls report expected to provide traders with further clues on the pace of the Federal Reserve’s policy normalisation.

The dollar gained 0.3% to 111.96 yen, and touched 111.975, the highest level this month, helped by higher Treasury yields, with the benchmark 10-year bond hitting 1.6010% for the first time since June 4.