Dollar surges by Rs2.60 in inter-bank market

Meanwhile, in the open market, the dollar exchange rate was Rs160 after rising by Rs1.50

By
Web Desk
|
Files

Dollar on Wednesday surged by Rs2.60 and reached Rs161.60 in the inter-bank market at the end of the day, the state bank said.

Meanwhile, in the open market, the dollar exchange rate was Rs160 after rising by Rs1.50.

Advertisement

On March 24, a Rs94.6-million foreign investment was made in the government's T-Bills.

Foreign investors have sold nearly Rs1.50 billion worth of T-bills in March, whereas foreign investment in the T-bills from July 1 to March 24 stands at Rs1.60 billion.

Advertisement