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.
Cristiano Ronaldo weds long-term partner Georgina Rodriguez
- 6 hours ago
Trying to explain One Night Only’s tech-enforced sex dystopia
- 16 hours ago
AI bots started a religion — humans immediately followed
- 16 hours ago
Iran, US not discussing ceasefire extension, senior Iranian official says
- 3 hours ago
Oil rises as doubts over US-Iran deal heighten supply concerns
- 6 hours ago
Israel can afford to lose US aid
- 5 hours ago
Why progressives are backing off “Woke 1”
- 14 hours ago
PM launches first-ever National Youth Employment Policy
- a few seconds ago
President confers Nishan-e-Imtiaz (Military) on General Aamer Raza
- a day ago
Birdfy’s smart bird feeder is on sale for just $60
- 7 hours ago
No evidence of torture in deaths of two women in police custody: Lahore police chief
- 6 hours ago
Werewolf transformed my old gadgets into USB-C powered ones
- 16 hours ago
