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A question that crops up time and time again for new entrants to tradingforeign exchange rates is what is the selling rate and buying rate for a currency pair, and why are they different?

When talking about the Pakistan exchange rate, the open market rates have great significance as they offer an overall outlook about the latest situation and trending scenarios in the market. As free ...

While Asian currencies rose on Friday, the rupee was unable to benefit from the positive cue in face of dollar bids from foreign banks and local oil companies, traders said.