The latest reports say that the rupee depreciates by 0.58 per cent against the US dollar in the inter bank market.


Karachi: The local currency on the trajectory of losing value against the US dollar in the interbank market on Friday.
According to the State Bank of Pakistan, the rupee depreciated against the US by 0.58 per cent. It showed that the rupee closed at 286.81 on Friday as compared to Thursday when it closed at 285.15.
Interbank closing #ExchangeRate for todayhttps://t.co/PMrUjl22FS#SBPExchangeRate pic.twitter.com/Fj8mJS9mH6
— SBP (@StateBank_Pak) July 21, 2023
The rupee continued to lose value against the US dollar even after the State Bank of Pakistan confirmed increase in the foreign reserves.
The friendly countries including Saudi Arabia, UAE and China fulfilled their commitments and deposit the promised amount into the account of State Bank of Pakistan.

FTC asks to delay Amazon Prime deceptive practices trial
- in 15 minutes

Trump’s EPA insists climate change isn’t a danger
- in 2 hours

Microsoft isn’t launching its Xbox handheld this year, but Asus might be
- in 16 minutes

AI is coming for the laptop class
- in 2 hours

25mn worshippers, pilgrims flock to Masjid Al-Haram during 10 days of Ramadan
- in 4 hours

Red Sox's Giolito (hammy) to start season on IL
- in an hour

Senior Indian actor passes away at 83
- in 4 hours

Google DeepMind’s new AI models help robots perform physical tasks, even without training
- in 15 minutes

Sources: Cowboys, Turpin agree to 3-year deal
- in an hour

Lexus’ sporty RZ is the latest EV with fake engine noises to simulate gear-shifting
- in 15 minutes

Trump and Musk have huge conflicts of interest. Who’s policing them?
- in 2 hours

Terrorists attack two police stations, checkpoint in Bannu
- in 4 hours