Dollar cheaper against rupee, stock market bearish

The dollar eased further against the rupee at the start of interbank trading.

The dollar depreciated by 13 paise during interbank trade, after which the dollar was trading at Rs 278.10 paisa.

Yesterday, the value of the dollar decreased by four paisa, at the end of the business, the dollar closed at 278 rupees 23 paisa, the dollar also became cheaper by four paisa in the open market.

This year’s Global Consumer Confidence Index report released, the index reached a three-year high

On the other hand, the 100 index saw a decrease of 1571 points at the start of business in the Pakistan Stock Exchange, the 100 index was seen trading at 194,498 points.

Yesterday, there was a severe bearish trend in the Pakistan Stock Exchange, the 100 index fell by more than 3700 points. At the close of business, the 100 index closed at 111,700 points after a decline of 3790 points.