Business
Dollar continues to weaken against rupee
The US dollar is trading at Rs283.90 in the interbank.
Karachi: The US dollar's depreciation against the Pakistani rupee shows no signs of slowing down.
On the fourth day of the business week, the American currency dipped by Rs0.78 in the interbank market, bringing its value to Rs283.90.
Just a day earlier, at the close of the last business day, the dollar stood at Rs284.68 in the interbank market.
Over the course of a month, starting from September 5 to October 4, the rupee has witnessed a total depreciation of Rs 23 in the interbank market.
Meanwhile, the dollar has seen a decline of Rs 46 from its peak in the open market.
This ongoing trend highlights the strengthening position of the Pakistani rupee against the US dollar, potentially affecting various sectors of the economy.
-
Health 2 days ago
64 more dengue cases reported in Islamabad
-
Pakistan 2 days ago
PM Shehbaz, Erdogan agree to strengthen economic, security support
-
Pakistan 2 days ago
Pakistan to not progress without good politics: Maryam Nawaz
-
Crime 2 days ago
12 injured in Quetta explosion near security forces vehicle
-
Pakistan 2 days ago
Form 45, 47 not final determination on votes recount: CJP
-
Technology 2 days ago
Mozilla hit with privacy complaint over Firefox user tracking
-
Sports 2 days ago
Week 4 NFL Power Rankings: 1-32 poll, plus the biggest issue on offense for every team
-
Entertainment 2 days ago
Amar Khan calls nation ‘ignorant’ for commenting on others