Pakistan

Pakistan Stock Market Shows Stability as Rupee Strengthens Against Dollar

**Islamabad:** The Pakistan Stock Exchange (PSX) maintained its upward momentum, while the Pakistani rupee gained value against the US dollar.

On the third day of the trading week, the market opened positively, with the **KSE-100 Index rising by 252 points** to reach **170,699**. Although the index had touched higher levels at the start of trading the previous day, it had slipped into negative territory by the market close.

Meanwhile, in the interbank market, the US dollar fell by **5 paisas**, with rates now at **PKR 280.25**, according to the Exchange Companies Association. The market’s stability and the strengthening rupee are being closely monitored by investors as encouraging signs for the economy.

Related News

Back to top button
WhatsApp
Get Alert