Pakistani rupee near all-time low after attack at stock exchange – ZAWYA

Pakistani rupee near all-time low after attack at stock exchange – ZAWYA

Pakistani rupee near all-time low after attack at stock exchange | ZAWYA MENA Edition HomeMarketsCurrenciesArticlePakistani rupee near all-time low after attack at stock exchange The rupee recovered as the situation was brought under control by the law enforcement agencies    A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar, Pakistan December 3, 2018. Image used for illustrative purpose. "Thank God, the damage has been controlled. There could've been many more casualties due to the high number of people inside the building," said Samiullah Tariq, head of Research & Development at Pakistan Kuwait Investment Company.The rupee, however, recovered as the situation was brought under control by the law enforcement agencies. After slipping into negative territory in the morning following militant attack, the stock exchange also recovered and was trading up 95 points or 0.28 per cent. Tariq says pressure on the rupee will ease off after June 30 as more foreign fund inflows are expected. However, as inflation differential exists, the currency can reach 170 versus dollar (46.32 against dirham) by [email protected] © 2020 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info). Most Read Stock Market DataDubai FM 2,080.66182,428,547(-0.21% )Abu Dhabi SE 4,275.32821,610,882(-0.68% )Saudi