The local currency plunged Rs4.07 to Rs237 from yesterday’s close of Rs232.93 at 11:50am
Published 3 years ago on Jul 28th 2022, 1:58 am
By Web Desk
Karachi: The local unit continued to slide against the US dollar on Wednesday, hitting another low of Rs237 in the interbank market.
According to the Forex Association of Pakistan (FAP), the local currency fell Rs4.07 to Rs237 from yesterday’s close of Rs232.93 at 11:50am.
Interbank closing #ExchangeRate for todayhttps://t.co/yreXph4Iph pic.twitter.com/yfLNF31hjS
— SBP (@StateBank_Pak) July 27, 2022
The rupee closed at 236.02, having depreciated 1.31 per cent, according to the State Bank of Pakistan (SBP).
The greenback continued appreciating against Pak rupee in open market as well as the dollar increased by Rs 4 to Rs 241 in the open market.
China advises citizens to stay cautious amid rising Pakistan-India tensions
- 2 hours ago
Lahore airport reopens after brief closure amid red alert
- 2 hours ago
Pakistani hackers launch 'Operation Salar' in response to Indian cyber attacks
- 2 hours ago
Gold price plummets Rs1,800 per tola in Pakistan
- 5 hours ago
Google introduces AI-based features to protect users from online fraud
- 41 minutes ago
Film director James Foley dies at 71
- 5 hours ago
India’s forex reserves drop $2bn, snap eight-week streak of gains
- 4 hours ago
Saudi minister arrives in Islamabad amid Pakistan-India tensions
- 2 hours ago
World militaries dissect India-Pakistan jet battle for tactical insights
- 4 hours ago
Stanley Cup playoffs daily: Can the Capitals, Golden Knights get revenge in Game 2?
- 4 hours ago
DG ISPR briefs int’l media on Pakistan-Indian tensions
- an hour ago
Young doctors call off strike, OPDs reopen across Rawalpindi
- 4 hours ago
You May Like
Trending
