The interbank market witnessed an increase of 60 paise, pushing the date rate to Rs278.50.
Karachi: The value of the US dollar continues to surge against the Pakistani rupee in the interbank market, marking a consecutive third-day increase.
According to currency dealers, on the first day of the trading week, the dollar witnessed a rise of 60 paise in the interbank market, reaching PKR 278.50.
It should be noted that last week also saw a record increase in the dollar exchange rate during the last two trading days.
While previously, there had been a downward trend in the dollar's value due to the influence of international monetary funds.
On the other hand, the Pakistan Stock Exchange experienced a bullish trend at the beginning of the trading session, with the KSE-100 index surging over 200 points to reach 44,440 points.
Why is everyone crashing out?
- 6 hours ago
Muharram 8: High security in Punjab, over 58,000 cops deployed
- 2 hours ago
Shubman Gill’s record-breaking double century against England
- 5 hours ago
30 Indian-sponsored Khawarij killed trying to infiltrate from Pak-Afghan border
- 3 hours ago
Russia becomes first country to recognize current Afghan Taliban govt
- 5 hours ago
Heavy rains expected across country from July 6-10
- 3 hours ago
Mobile service to be suspended amid security concerns in Peshawar
- an hour ago
Pakistan wins Asian Youth Girls Netball Championship
- 3 hours ago
Tauqeer Nasir removed from chairmanship of Punjab Film Censor Board
- 17 minutes ago
Official holidays for Ashura announced
- 5 hours ago
President Trump calls himself ‘best candidate’ for Nobel Peace Prize
- 5 hours ago
Five-storey building collapses in Kaeachi, 4 bodies recovered from rubble
- an hour ago
