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.
Planning Minister Iqbal inaugurates upcoming anti-polio drive
- a day ago
Apple Home’s new security camera features cost up to $60 a month
- a day ago
Afghan soil must not be used for terrorism: DG ISPR
- a day ago
Voters mostly don’t like AI and data centers, but neither party seems to have an edge
- a day ago
Your robotaxi might be a narc
- 17 hours ago
Bose’s next open earbuds have more bass, more volume, and more battery life
- 17 hours ago
How bad healthcare can derail a woman’s entire life
- 2 days ago
Snap is launching a new Specs AI tool, and it’s coming to iOS and Mac
- 17 hours ago
All seven Khwarij involved in Kohat mosque blast neutralized
- a day ago
Microsoft announces Windows and Surface event for October 7th
- a day ago
Trump extends push for $100,000 H-1B visa fee by another year
- a day ago
An Israeli documentary about Gaza is sweeping the world – and Israelis are furious
- 15 hours ago
