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.
Raspberry Pi shares its official tutorial for making a cyberdeck
- 14 hours ago
Iftikhar Gilani elected AJK's 17th Prime Minister
- 3 hours ago
Last-wicket duo take England to 290 all out in 2nd Test against Pakistan
- 2 hours ago
CDF Munir highlights Pakistan’s efforts for peace
- 4 hours ago
America’s murder rate hasn’t been this low in 70 years
- 12 hours ago
PM Shehbaz calls for deeper economic, agricultural ties with Saudi Arabia
- 4 hours ago
More crop productivity: GM maize debate gains momentum in Pakistan
- an hour ago
Abbas takes three wickets as Pakistan on top against England
- a day ago
How do you rebuild trust in the government? One pothole at a time.
- 12 hours ago
Hot, humid weather continues in most plain areas today
- 4 hours ago
Being a mom is hard — the heat is making it harder
- 14 hours ago
Is Reddit still for humans?
- 12 hours ago
