The local currency records a 1.46% decline against the US dollar, while it exhibits resilience in the open market.
Karachi: The Pakistan rupee saw a persistent depreciation against the US dollar in the interbank market on Tuesday.
The local currency recorded a 1.46% decline against the US dollar, while it exhibited resilience in the open market.
As the interbank market concluded its session, the dollar was quoted at Rs307.10, marking a 0.48% increase compared to the previous closing rate of Rs305.64, as reported by the State Bank of Pakistan.
Interbank closing #ExchangeRate for todayhttps://t.co/FINffr34QO#SBPExchangeRate pic.twitter.com/lqTVJy7m1k
— SBP (@StateBank_Pak) September 5, 2023
Conversely, in the open market, the dollar was trading at Rs324 during the afternoon.
It was disclosed earlier today that the exchange rate of the US Dollar (USD) in the open market witnessed a decline following increased vigilance and the deployment of undercover law enforcement personnel at exchange companies throughout the nation.
The tragedy of Laika, the first animal to orbit the earth
- 16 hours ago
Pakistan lauds Turkiye, Qatar for lowering Islamabad-Kabul differences
- 2 hours ago
Met Office predicts dry weather in most parts of Pakistan
- 31 minutes ago
Pakistan, KSA vow to further deepen defence cooperation
- 2 hours ago
Shehbaz Sharif drops PM immunity clause from 27th Amendment bill
- 7 hours ago
Pakistan grab Hong Kong Super Sixes 2025 title
- 2 hours ago
Death anniversary of poet Jaun Elia observed
- 26 minutes ago
Proposed Constitutional Amendment: Joint parliamentary committee approves all 49 amendments clause by clause
- 2 hours ago
Taylor: Brown's shot at Bengals' D uncalled for
- 6 hours ago
US boycotts G20 in South Africa over ‘White Genocide’ claim
- 13 hours ago
Dam reservoir levels drop below 3pc in Iran’s second city: media
- 22 minutes ago
Nation marks Iqbal Day with pledge to get inspiration from his principles, ideals
- 13 hours ago
