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.
Field Marshal Syed Asim Munir dedicates honor to nation and armed forces
- 2 hours ago
All Pakistan Business Competition held at National Textile University Faisalabad
- an hour ago
Dr Lubna Zaheer joins expert panel on PECA at UoL
- 3 hours ago
Army Chief Gen Asim Munir elevated to rank of Field Marshal
- 2 hours ago
Talks with US unlikely to ‘lead to any outcome’, says Iran’s Khamenei
- 3 hours ago
Gold prices rise in local markets as international rates climb
- an hour ago
Massive wildfire breaks out in Lower Dir
- an hour ago
ASF officer caught on camera allegedly slapping passenger
- 3 hours ago
Sindh minister’s house set on fire amid protest clashes
- 18 minutes ago
From uniform to amplifier: Ex-army officer pioneers Urdu hard rock in Pakistan
- 3 hours ago
'Love Guru' promotions go viral as Mahira, Humayun tour US
- 2 hours ago
Economic growth improves but falls short of target
- 3 hours ago
