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.
Netflix doesn’t stream its ‘Originals’ forever, here are some that may leave in 2026
- 13 hours ago
Women's AP Top 25 poll reaction: What to know about every team
- 12 hours ago
7 reasons to feel actually hopeful about the clean energy transition
- 2 hours ago
How Week 16 reset the race for the AFC and NFC 1-seeds: Barnwell on the NFL's best teams
- 12 hours ago
What makes the Great Smoky Mountains smoky?
- 11 hours ago
PM Shehbaz approves formulation of National Energy Plan
- an hour ago
QB Brock Purdy and RB Christian McCaffrey help lead 49ers past Colts
- an hour ago
What did Cowboys get right in Schottenheimer's first season?
- 12 hours ago
The RAM shortage is here to stay, raising prices on PCs and phones
- 13 hours ago
Trump’s war on windmills, briefly explained
- 11 hours ago
Bangladesh political heavyweight Tarique Rahman to end exile
- an hour ago
The NHL's best this week: Is Craig Berube on the hot seat in Toronto?
- 12 hours ago
