{"id":93643,"date":"2025-12-11T13:03:54","date_gmt":"2025-12-11T08:03:54","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=93643"},"modified":"2025-12-11T13:03:54","modified_gmt":"2025-12-11T08:03:54","slug":"psx-surges-past-170000-mark-again-as-dollar-continues-to-drop","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/currency-rates\/psx-surges-past-170000-mark-again-as-dollar-continues-to-drop\/","title":{"rendered":"PSX surges past 170,000 mark again as dollar continues to drop"},"content":{"rendered":"<p>KARACHI: The Pakistan Stock Exchange<a href=\"https:\/\/dailyausaf.com\/en\/business\/psx-soars-as-dollar-continues-to-decline\/\"> (PSX)<\/a> witnessed a continued bullish trend, with the benchmark index once again crossing the 170,000 mark. At the same time, the US dollar recorded a further decline in value.<\/p>\n<p>On the fourth trading day of the week, the stock market showed strong upward momentum. At the start of the session, the KSE-100 Index gained 834 points, rising to 170,286 points. A day earlier, the index had closed at 169,472 points.<\/p>\n<p>Meanwhile, the US dollar continued its downward slide. According to the Exchange Companies Association of Pakistan, the dollar fell by 7 paisas in the interbank market, bringing the exchange rate down to Rs 280.30.<\/p>\n<p>The simultaneous rise in the stock market and decline in the dollar indicate improved investor confidence and positive market sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The Pakistan Stock Exchange (PSX) witnessed a continued bullish trend, with the benchmark index once again crossing the 170,000 mark. At the same time, the US dollar recorded a further decline in value. On the fourth trading day of the week, the stock market showed strong upward momentum. At the start of the session, [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":15112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14815,2],"tags":[10255,3461],"class_list":["post-93643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-rates","category-pakistan","tag-dollar-rate","tag-psx"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/93643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=93643"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/93643\/revisions"}],"predecessor-version":[{"id":93644,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/93643\/revisions\/93644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/15112"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=93643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=93643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=93643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}