Stock Exchange Stability as Dollar Falls Further in Pakistan
Stock Exchange Stability continued in Pakistan on the last business day of the week. The dollar became cheaper again, which increased the value of the rupee.
The stock market opened with a positive trend on Friday. As trading started, the 100 Index increased by 242 points. The index traded at 168,817 points.
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A strong upward trend appeared in the first session yesterday. But the index moved into the negative zone by the end of the day.
The dollar kept falling. According to the Exchange Companies Association, the dollar dropped by 5 paisas in the interbank market. Its new price became 280 rupees and 30 paisas.
This news shows strong Stock Exchange Stability and a steady decline in the dollar.