The greenback settled at Rs222.47 in the local bullion markets
Published 3 years ago on Oct 29th 2022, 12:55 am
By Web Desk
Karachi: The Pakistani rupee continued to depreciate against the US dollar on Friday, losing 97 paisa in the local interbank trade.
According to the State Bank of Pakistan (SBP), the local currency closed at Rs222.47 per dollar, a depreciation of 0.44 per cent from yesterday’s close of Rs221.5.
Since the start of this fiscal year, the local currency's value has declined by Rs16.64 or 7.52pc.
Interbank closing #ExchangeRate for todayhttps://t.co/BhFb9GE70Q pic.twitter.com/3ZTwWb6ruI
— SBP (@StateBank_Pak) October 28, 2022
The market experts say the PTI’s long march that is set to begin today has “dampened sentiments once again” due to which the rupee’s value is falling.
Ceasefire between US, Iran still intact: PM Shehbaz
- 18 hours ago
PMD forecasts dry weather for most parts of country
- an hour ago
Oil jumps more than 7pc to above $102 ahead of US blockade on Iran
- a day ago
Britney Spears enters rehab after arrest on suspicion of driving under the influence
- 38 minutes ago
Punjab launches free-of-cost government “Dead Body Transfer Service
- a day ago
Australia appoints woman to lead its army for the first time
- a day ago
Pope says he will continue to speak out against war after Trump attack
- 18 hours ago
US Vice President praises PM Shehbaz, Field Marshal for their role in US-Iran mediation
- an hour ago
Punjab Government introduces new investment opportunity in real estate through Stamp Law Amendment
- 21 hours ago
What are gold prices in Pakistan, global markets?
- 41 minutes ago
US, Iran leave door open to dialogue after tense Islamabad talks
- 22 minutes ago
The EFF is quitting X
- 11 hours ago
You May Like
Trending
