Stock markets hit record highs, dollar cheap


Pakistan Stock Exchange’s 100 index reached its highest level as soon as Finance Minister Ishaq Dar announced the good news of Saudi Arabia depositing 2 billion dollars in the State Bank.

Pakistan Stock Exchange 100 index has increased by 564 points to 45 thousand 149.

Yesterday, the 100 index closed at 44,585 points.

The US dollar rose in early inter-bank trading today and has since eased.

The dollar became 279 rupees after becoming cheaper by 80 paise in interbank.

Yesterday, the dollar closed at 279 rupees 80 paise in the interbank.

On the other hand, the dollar remains at 283 rupees in the open market.

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