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.
Luxembourg announces intention to recognize Palestinian state
- 4 hours ago
.jpg&w=3840&q=75)
Twelve killed in Malaysia landslides after week-long downpour
- 2 hours ago
Kazakhstan bans forced marriages and bride kidnapping
- 7 hours ago
Cinema legend Robert Redford dies at 89
- 6 hours ago
Lahore police arrest man for sexually assaulting stepdaughter
- 8 hours ago
First ODI: Sidra Ameen’s ton helps Pakistan women set South Africa 256-run target
- 3 hours ago
At least 50 killed after refugee boat catches fire off Libyan coast
- 5 hours ago
Wego expands presence in Pakistan, bring more travel choices to local travelers
- 5 hours ago
OGRA hikes kerosene oil price
- 6 hours ago
FIA cracks down on illegal migration: 13 caught en route to Iran
- 8 hours ago
Asia Cup T20: Bangladesh defeat Afghanistan by 8 runs
- 2 hours ago
India says trade talks with US were ‘positive’
- 4 hours ago
