The dollar closed at Rs220.41 in the interbank trade
Karachi: The Pakistani rupee depriciated against the US dollar on Monday, losing 43 paisa in the local bullion markets.
According to the State Bank of Pakistan (SBP), the local currency lost 43 paisa against the greenback and closed at Rs220.41.
Interbank closing #ExchangeRate for todayhttps://t.co/gdADzgeA0K pic.twitter.com/6BnvqJSFqz
— SBP (@StateBank_Pak) October 24, 2022
On Friday, the dollar was traded at Rs220.84 against the dollar.
In the open market, the greenback was traded at Rs224.90 on Monday.
Market experts say the improvement in rupee comes after the Financial Action Task Force (FATF) on Friday removed Pakistan, by consensus, from its list of countries under “increased monitoring”, also known as ‘grey list’ after four years.
Overseas jobs surge 5pc, remittances jump 9pc
- 5 hours ago
Michigan S Moore granted sixth season for 2026
- 8 hours ago
Italian PM calls threatened US tariffs over Greenland a ‘mistake’
- 6 hours ago
Six killed, 40 wounded in Karachi fire incident; 56 still missing
- 3 hours ago
Canes acquire defenseman Masters from Sharks
- 8 hours ago
Iran warns against any US strike as judiciary hints at unrest-linked executions
- 25 minutes ago
Junaid Safdar's walima ceremony held
- 3 hours ago
Ducks' Carlsson out 3-5 weeks with thigh injury
- 8 hours ago
World markets face fresh jolt as Trump vows tariffs on Europe over Greenland
- 5 hours ago
Police, CTD kill militant in D I Khan's IBO
- 6 hours ago
PM Shehbaz receives Trump’s invitation to join Gaza Peace Board
- 6 hours ago
EU considers $108b in retaliatory tariffs on US over Trump's Greenland threat, FT reports
- 21 minutes ago
