The State Bank of Pakistan says the local currency has lost Rs2.44 against the USD in the interbank market. The previous day, on April 7, the rupee had closed at Rs284.65 in the interbank market.


Karachi: The Pakistani rupee on Monday experienced a decline against the United States dollar (USD), closing at Rs287.09, as reported by the State Bank of Pakistan (SBP).
The State Bank of Pakistan stated that the local currency has lost Rs2.44 against the USD in the interbank market. The previous day, on April 7, the rupee had closed at Rs284.65 in the interbank market.
Interbank closing #ExchangeRate for todayhttps://t.co/ubh1tFDBEu pic.twitter.com/bSZt3BFlqk
— SBP (@StateBank_Pak) April 10, 2023
The Forex Association of Pakistan (FAP) recorded the selling rate of the USD in the open market at Rs294.
The Pakistani rupee had earlier appreciated against the US dollar, gaining Rs3.43 in the interbank market after consecutive losses.
The local currency had closed at Rs284.42 in the interbank market after gaining Rs3.43 against the greenback. On April 5, the rupee had closed at Rs287.85 per US dollar, and the USD was trading at over Rs293 in the open market.
Spinner Abrar Ahmed ties the knot in Karachi
- 2 hours ago

China and India to resume direct flights after five-year suspension
- 4 hours ago
34 new dengue cases reported in Rawalpindi in last 24 hours
- 3 hours ago

Bottom 10: There's no whitewashing Penn State's latest big-game flop
- 12 hours ago
Ex-Senator Mushtaq Ahmed in Israeli custody but safe, confirms FO
- 4 hours ago

Pakistan Railways raises fares
- 2 hours ago

PM Shehbaz departs for Malaysia on two-day official visit
- 4 hours ago
Bitcoin hits all-time high, surpasses $125,000
- 2 hours ago

So the Labubu and Dubai chocolate fads — what was that all about?
- 2 hours ago
Pasni Port not discussed with any US institution, say security sources
- 3 hours ago
Cyclone Shakti intensifies in Arabian Sea
- 2 hours ago

WhatsApp developing username system to boost privacy
- 2 hours ago