Karachi: The US dollar exchange rate against the Pakistani rupee dropped on the Fourth day of the week—Thursday.

According to the State Bank of Pakistan in the interbank market, the value of the Pakistani rupee against the US dollar gaining 16 paisas increased by 0.10% to Rs153.02 against the last closing of Rs153.18— falling below a 21-month low level of Rs154.
Interbank closing #ExchangeRate for today:https://t.co/C51rd0P1RF pic.twitter.com/5sy1zsxNy2
— SBP (@StateBank_Pak) April 8, 2021
During the current financial year, the exchange rate fluctuated sharply and in August 2020 (FY 21), the rupee depreciated to its lowest level against the dollar, reaching Rs168.70 on August 20 last year.

The rupee then began to recover and has improved significantly against the US dollar over the past four months.
“The supply and demand position of dollars and the upcoming data on the country’s forex reserves will determine the future direction of the rupee. The rupee should conclude this week at Rs153 - 154 per dollar,” said a currency exchange dealer.
It is important to mention that the Pakistani Rupee appreciates when a lesser amount of rupees is required to get one USD whereas PKR depreciates when more rupees are required to get one greenback.
On Thursday the prices of other currencies including the euro, pound, riyal, dirham remained the same:



Pakistan seeks peace with neighbors but will not tolerate terrorism from Afghanistan:FM Asim Munir
- 3 hours ago

What a pastor saw ICE do to protesters outside Chicago
- 7 hours ago

The tax avoidance playbook
- 16 hours ago

CM Sohair Afridi writes letter to IHC for registering contempt of court case against Adiala jail authorities
- 14 hours ago

Security Forces killed 18 terrorists of Indian proxy, Fitna al Hindustan in Balochistan
- 12 hours ago

The GOP’s antisemitism crisis
- 7 hours ago

What scientists saw underwater in Florida left them “shocked” — and devastated
- 16 hours ago

Is the US killing innocent people?
- 16 hours ago

Top TTP commander among four Kharji killed in Bajaur operation: ISPR
- 7 hours ago

Why Taylor Swift made herself the villain
- 16 hours ago

Trump optimistic about to end the trade war between the world’s two largest economies
- 14 hours ago

PM Shehbaz directs probe to identify those involved in sales tax fraud
- 5 hours ago










