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Dollar firm against yen, euro in Asia

Sarfraz Ali 01:16 PM | 25 May, 2015
Dollar firm against yen, euro in Asia
TOKYO (APP) - The dollar held on to gains against other major currencies in Asian trade Monday after surging last week on a jump in US core inflation.

The greenback firmed to 121.68 yen in late morning Tokyo trade, up from 121.52 yen on Friday in New York.

The euro eased to $1.0985 and 133.68 yen from $1.1016 and 133.86 yen. On Friday the dollar climbed against the euro immediately after the US Commerce Department reported that core consumer prices -- those excluding food and energy -- jumped 0.3 percent in April from March, the largest one-month rise in more than two years.

The dollar's gain was further supported when Federal Reserve Chair Janet Yellen said she expects to hike interest rates "at some point this year." Japanese trade data released Monday appeared to have little effect on currencies.

Japan's trade account returned to deficit in April after a month in the black, but the shortfall shrank drastically to 53.4 billion yen compared with 825.5 billion yen a year earlier, finance ministry data showed.

"This week we will see a series of US economic data, and the focus will remain on the recovery in the April-June period," Shinichiro Kadota, currency analyst at Barclays, said in a client note.

Data includes durable goods orders and consumer confidence, both due on Tuesday, and revised first-quarter economic growth due on Friday, analysts said.

In the mid-term, the dollar will remain in a range around 120 yen as upward pressure from Japanese corporate investment abroad will be offset by an improvement in Japan's current account and talking down of the yen by authorities, Kadato added.

Sarfraz Ali
Sarfraz Ali

Sarfraz Ali is working as Editor Web for Daily Pakistan. He earned a postgraduate degree in Mass Communication from IUB and diploma in International Print Journalism from Thomson Foundation UK. He regularly writes on ...

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 27, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 07:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 253.5 255.5
Euro EUR 274 276.7
UK Pound Sterling GBP 311 314
U.A.E Dirham AED 68.7 69.3
Saudi Riyal SAR 66.4 67
Australian Dollar AUD 176 178
Bahrain Dinar BHD 615.68 620.18
Canadian Dollar CAD 186 188
China Yuan CNY 34.12 34.37
Danish Krone DKK 33.83 34.18
Hong Kong Dollar HKD 29.52 29.87
Indian Rupee INR 2.81 2.89
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 756.69 761.69
Malaysian Ringgit MYR 52.59 53.04
New Zealand Dollar NZD 148.33 149.53
Norwegians Krone NOK 22.43 22.73
Omani Riyal OMR 600.37 604.87
Qatari Riyal ‎QAR 63.5 64
Singapore Dollar SGD 178 179.3
Swedish Korona SEK 21.78 22.08
Swiss Franc CHF 250.23 251.98
Thai Bhat THB 6.98 7.08

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs197,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs168,000.

Likewise, 10 grams of 22k gold were being traded for Rs150,300 while a single tola of 22-karat gold was being sold at Rs 173,200.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 197,900 PKR 2,100
Karachi PKR 197,900 PKR 2,100
Islamabad PKR 197,900 PKR 2,100
Peshawar PKR 197,900 PKR 2,100
Quetta PKR 197,900 PKR 2,100
Sialkot PKR 197,900 PKR 2,100
Attock PKR 197,900 PKR 2,100
Gujranwala PKR 197,900 PKR 2,100
Jehlum PKR 197,900 PKR 2,100
Multan PKR 197,900 PKR 2,100
Bahawalpur PKR 197,900 PKR 2,100
Gujrat PKR 197,900 PKR 2,100
Nawabshah PKR 197,900 PKR 2,100
Chakwal PKR 197,900 PKR 2,100
Hyderabad PKR 197,900 PKR 2,100
Nowshehra PKR 197,900 PKR 2,100
Sargodha PKR 197,900 PKR 2,100
Faisalabad PKR 197,900 PKR 2,100
Mirpur PKR 197,900 PKR 2,100

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