The exchange rate of the US Dollar against the Pakistani Rupee in the interbank market decreased in a row on Thursday.

According to the data released by the State Bank of Pakistan (SBP), the conversation rate turned down by 26 paisas in the interbank market and closing at Rs153.62 against the Rs153.88 the other day.
Interbank closing #ExchangeRate for today:https://t.co/lYiG2rVzyF pic.twitter.com/l6aE238TQq
— SBP (@StateBank_Pak) April 29, 2021
The rupee then began to recover and has improved significantly against the US dollar over the past four months.
It may be recalled that during the current financial year, the exchange rate fluctuated sharply and in August 2020 (FY 21), the rupee depreciated to its lowest level against the dollar, reaching Rs168.70 on August 20 last year.
The rupee had traded at Rs 161.13 on January 16 this year, gaining Rs2.32 per dollar or 1.4 per cent. On February 12, the dollar traded at Rs158.81 in the interbank market, the lowest level in three months.
It should also be noted that the depreciation of the dollar and the appreciation of the rupee came at a time when the International Monetary Fund (IMF) delayed its program for Pakistan for more than a year.
It is important to mention that the Pakistani Rupee appreciates when fewer rupees are required to get one USD whereas PKR depreciates when more rupees are required to get one greenback.
On Thursday the prices of other currencies including the euro, pound, riyal, dirham:

OpenAI allegedly sent police to an AI regulation advocate’s door
- 9 گھنٹے قبل

Apple’s executive reshuffling isn’t over
- 9 گھنٹے قبل

You can still snag LG’s C4 OLED TV at half the price
- 9 گھنٹے قبل

Once a club on the rise, Liverpool in desperate need of a spark under Gareth Taylor
- 6 گھنٹے قبل

Google to invest $15bn in India
- 9 گھنٹے قبل

Here’s how Apple is locking down iPhones to comply with Texas’ age verification law
- 9 گھنٹے قبل

Punjab govt's important decision regarding toll plazas for public convenience
- 9 گھنٹے قبل

We’re all about to be in wearable hell
- 9 گھنٹے قبل

Establishing Palestine with pre-1967 borders is bedrock of Pakistan's Middle East policy: PM
- 9 گھنٹے قبل

Can America recover from Trump? Here’s what new data says.
- 7 گھنٹے قبل

Azad Kashmir Information Minister Mazhar Saeed resigns
- 8 گھنٹے قبل

Abhishek Bachchan first time wins Best Actor Filmfare Award in 25-year career
- 8 گھنٹے قبل