The State Bank of Pakistan says the local currency goes down by 0.31 against the greenback in the interbank market to close at Rs284.71.
Karachi: The local currency slightly went down against the US dollar in the interbank market on Monday.
The State Bank of Pakistan said that the local currency went down by 0.31 against the greenback in the interbank market to close at Rs284.71.
Interbank closing #ExchangeRate for todayhttps://t.co/JXY6kw8YvA pic.twitter.com/W38cfIp4bc
— SBP (@StateBank_Pak) April 17, 2023
According to the Forex Association of Pakistan, the sale rate of dollars in the open market was recorded at Rs 288.
Earlier, Finance Minister Ishaq Dar had said that the United Arab Emirates (UAE) confirmed to the International Monetary Fund (IMF) that it will provide support of $1 billion to Pakistan. “UAE authorities have confirmed to IMF for their bilateral support of US $1 billion to Pakistan,” Dar said in a tweet today.
In another tweet, he had confirmed receiving of $300m from China.
The Saudi Arabia earlier had also confirmed the IMF provision of $2bn to Pakistan ahead of its deal for revival of stalled programme.
Hardly 2.77pc candidates pass CSS written exam in Pakistan
- ایک گھنٹہ قبل
'Devastating monsoon': UK pledges £1.33mn aid for Pakistan
- 3 گھنٹے قبل
PM Shehbaz vows swift rehabilitation in flood-hit areas of KP
- 2 گھنٹے قبل
The serious trend behind MSNBC’s silly new name
- 3 گھنٹے قبل
Five policemen killed in attack in restive southeast Iran
- ایک گھنٹہ قبل
Glitter fades: Gold prices take a dip in Pakistan
- 4 گھنٹے قبل
Call for strengthening security, economic cooperation, youth engagement within SCO
- چند سیکنڈ قبل
KP govt to buy new helicopter after Bajaur crash
- 3 گھنٹے قبل
Rescue 1122 rescues 200 people after glacial burst in G-B's Ghizer
- ایک گھنٹہ قبل
Alexandrova knocks out defending champ Noskova to reach Monterrey semis
- 2 گھنٹے قبل
Japan’s Toyokawa proposes 2-hour daily smartphone limit
- 5 گھنٹے قبل
Police also arrest Aleema Khan’s other son from Lahore residence
- 3 گھنٹے قبل
