The State Bank of Pakistan says the rupee has closed at Rs259.99 and the currency regained 0.96% (or Rs2.52) in the past three consecutive working days.
Karachi: Pakistani rupee maintained is winning streak for the third day against the US dollar in the interbank markets on Friday.
The rupee continued to gain value as continuous supply backed it against the comparatively low demand in the system in the currency market.
The latest reports suggested that the local rupee gained 0.36% against the US dollar after a hiatus of 20 days in the interbank market
The state Bank of Pakistan said that the rupee closed at Rs259.99 and the currency regained 0.96% (or Rs2.52) in the past three consecutive working days.
Interbank closing #ExchangeRate for todayhttps://t.co/WJ7qRDtYVK pic.twitter.com/l04f3rrws6
— SBP (@StateBank_Pak) February 24, 2023
Earlier, the markets witnessed that the dollar was withheld in anticipation of more depreciation of the local currency while exporters now were selling the dollars amid rupee’s appreciation in the market.
Pakistan rejects ICC’s selective comment regarding Afghan cricketers' death in airstrike
- 9 hours ago
Our understanding of memory is all wrong
- 14 hours ago
Govt approves wheat policy; procurement set at Rs3,500 per 40kg
- 9 hours ago
Warriors waive Seth Curry but expect his return
- 18 minutes ago
Fitna al Hindustan top terrorist commander killed in Balochistan
- 12 hours ago
Pakistan's JF-17 Block-III jets land in Azerbaijan for bilateral aerial exercises
- 12 hours ago
Interior Minister briefs PM on country's law and order situation
- 9 hours ago
Brother of National Party’s central leader murdered in Balochistan’s Panjgur
- 6 hours ago
Alleged suicide bomber apprehended in KP
- 6 hours ago
Pakistan successfully launches first Hyperspectral Satellite
- 11 hours ago
Spinner Maharaj to return for South Africa against Pakistan
- 12 hours ago
Pakistan, Afghanistan agree to ceasefire, long-term peace
- 11 hours ago
