The local unit closed at Rs237.91 per dollar on first trading day on Monday
Karachi: The local currency lost another Rs1.07 against the greenback in the interbank market on Monday.
The dollar has been constinously increasing in value against the Pak rupee since September 2.
Interbank closing #ExchangeRate for todayhttps://t.co/xI9H9BNNY1 pic.twitter.com/JVigeDlFRg
— SBP (@StateBank_Pak) September 19, 2022
According to the State Bank of Pakistan, the rupee was closed at Rs237.91 per dollar with a deprication of 0.45 per cent.
According to the currency experts that the local demand and supply gap of the greenback has been hurting the value of the local unit.
Oil payments in the dollar in the interbank and opening of letters of credit for import were other factors behind weakening of the local unit.
The rupee has alraedy lost Rs8.7 against the greenback last week.
Pakistan's first int'l gold medallist Din Mohammad passes away
- 8 گھنٹے قبل
Gold price soars Rs800 per tola in Pakistan
- 11 گھنٹے قبل
PM leaves for Azerbaijan to attend ECO summit
- 13 گھنٹے قبل
Disqualification reference filed against 26 opposition Punjab MPAs
- 9 گھنٹے قبل
Death anniversary of folk singer Alam Lohar observed
- 9 گھنٹے قبل
Famous Portuguese footballer dies in traffic accident
- 14 گھنٹے قبل
Asian Junior Squash Championship: 5 Pakistani players qualify for semi-finals
- 17 گھنٹے قبل
Seven people missing from massive explosion at California fireworks facility
- 14 گھنٹے قبل
Russia loses top Russian navy general killed in Ukraine
- 8 گھنٹے قبل
Helmets mandatory for both bike riders in Islamabad
- 17 گھنٹے قبل
South African Air Chief calls on CJCSC, discusses defence ties, regional issues
- 14 گھنٹے قبل
Pakistan beat Japan to storm into Asian netball final
- 14 گھنٹے قبل
