The exchange rate of US Dollar slides down on the first day of the trading week in the interbank market. According to the data released by the State Bank of Pakistan, the dollar has decreased by 3 paisas in the interbank market.
Interbank closing #ExchangeRate for today: https://t.co/b9LQeiULfK pic.twitter.com/KHOA7ixkDK
— SBP (@StateBank_Pak) February 22, 2021
According to Forex dealers, the dollar run down from Rs159.10 to close at Rs159.07 in the interbank market.
In the open market, the buying rate of the US dollar was Rs158.9, while its selling rate was Rs159.6.
With increased inflows from the Pakistani diaspora to the Roshan Digital Account (RDA) and export proceeds, the Pakistani rupee is expected to remain firm.
However, a falling trend in foreign exchange reserves might have a negative impact on the market soppiness.
All trade talks with Canada are terminated, Trump
- an hour ago
Jumada-al-Awwal moon sighted
- 11 hours ago
The Friend AI pendant’s creator promoted a ‘Friend protest’ in NYC
- 6 hours ago
.jpg&w=3840&q=75)
Field Marshal’s Egypt visit strengthens Pakistan-Egypt defence, religious ties
- 2 hours ago
What we're hearing on the WNBA's CBA negotiations
- 5 hours ago
US criticizes Israeli for move to annex occupied West Bank
- 13 hours ago
An eye implant and smart glasses restore some lost vision
- 6 hours ago
Trump’s East Wing demolition, briefly explained
- 4 hours ago
How to translate No Kings energy to actual political power
- 4 hours ago
Apple adds a new toggle to make Liquid Glass less glassy
- 6 hours ago
NFL won't reconsider Bad Bunny SB halftime show
- 5 hours ago
Lahore has once again topped the global ranking of the world’s most polluted cities
- an hour ago
