The local unit closes at 238.38 in interbank
Karachi: The local unit continued to register gains against the US dollar for the third consecutive session in the interbank market on Tuesday.
Analysts attributed the rupee’s recovery with the International Monetary Fund’s (IMF) statement that Pakistan had completed all prior actions required for the review of the Extended Fund Faclity (EFF).
The greenback started losing ground on Friday after the rupee dipped for 10 straight sessions during the last days of July and depreciated around 5 per cent just last week.
Interbank closing #ExchangeRate for todayhttps://t.co/ePL873DK8O pic.twitter.com/alH8W1J17j
— SBP (@StateBank_Pak) August 2, 2022
At the close of Tuesday's interbank trade, the rupee registered another meagre gain of Rs0.46 or 0.19% and reached 238.38, up from 238.84 in the last trading session.
On the other hand, the currency value remained unchanged at 241 in the open market.
Microsoft Office can now be controlled with Logitech’s MX Creative Console
- ایک دن قبل
Iranian proposal rejected by Trump would open strait before nuclear talks, Iran official says
- ایک دن قبل
US bypasses congressional review for military sales of $8.6bn to Middle East allies
- 21 گھنٹے قبل
KSA reverses decision to impose minimum age limit of 15 years for Hajj within hours of its announcement
- 17 گھنٹے قبل
Microsoft is giving its Xbox employees an Xbox email address
- ایک دن قبل
Finance Minister vows investor-friendly policy environment
- 20 گھنٹے قبل
The surprising reason why buying guns helps endangered species
- 7 گھنٹے قبل
Why famous people want to be death doulas
- 7 گھنٹے قبل
The Voting Rights Act is all but dead. Prepare for maximum gerrymandering.
- 7 گھنٹے قبل
Foreign Office terms social media post by British SRA as one-sided
- 21 گھنٹے قبل
This billionaire could be California’s next governor — and he wants to arrest Stephen Miller
- 7 گھنٹے قبل
Ex Senator Mushtaq Ahmad released from Israeli custody: Dar
- 21 گھنٹے قبل
