Dollar saw a sharp drop in the value of the interbank currency with depreciating by Rs13.93 to settle at Rs285.
Published 3 years ago on May 12th 2023, 4:14 pm
By Web Desk
Karachi: A sudden drop in the value of US dollar has been experienced against Pakistani rupee in interbank on Friday.
At the opening of business on Friday, the dollar saw a sharp drop in the value of the interbank currency with dollar depreciating by Rs13.93 to settle at Rs285. It is expected to get devalued even more.
Earlier on Thursday, during the business the value of the dollar increased and went up to Rs299 in the blink of an eye.
Sources told that due to political instability some banks artificially hyped the demand of dollar in the market against whom government and State Bank of Pakistan (SBP) are planning some action.
Chairman PM Youth Programme assures full support for Punjab University's Film Department.
- 2 days ago
WEEKEND: KNICKS IN 5?
- a day ago
Terrorists based in Afghanistan pose a major threat to the entire Region: the Diplomat
- 20 hours ago
Women’s T20 World Cup: India wins toss and elects to bat first against pakistan
- 18 hours ago
Iran-US peace agreement to be finalized within 24 hours,says Prime Minister Shehbaz Sharif
- 2 days ago
.jpg&w=3840&q=75)
Ishaq Dar and Turkish foreign minister discuss U.S.-Iran progress, express satisfaction
- 20 hours ago
Bluesky is getting ‘communities’
- a day ago
Ishaq Dar’s telephonic contact with Egyptian foreign minister;exchange of views on latest regional situation
- 2 days ago
.jpg&w=3840&q=75)
PM Shehbaz Sharif again invites opposition for dialogue on charter of democracy and charter of economy
- 2 days ago
PM lauds support of Qatar for Pakistan’s peace efforts
- 2 days ago
Key clauses of the proposed U.S.-Iran Agreement revealed
- 20 hours ago
Economic stability has been achieved; government has provided relief to salaried class in the budget, says Atta Tarar
- 18 hours ago
You May Like
