Local currency settles at Rs175.24 against the US dollar in the interbank market.
Lahore: US Dollar (USD) strengthened again despite fluctuations in both the foreign exchange markets, as US dollar closes at Rs175.24 in open market.
According to the data released by the State Bank of Pakistan, the US Dollar has become 57 paisa expensive in the interbank market.
Forex dealers said, the dollar has traded at Rs176.80 and closed at Rs175.24 against Pakistani Rupee (PKR) in open market.
According to details, dollar has gained 57 paisa in interbank and 80 paisa in open market.
With a fresh decline of 0.33%, the local currency maintained its downtrend on the back of uncertainty regarding the monetary policy announcement which was announced after the close of the trading session.
Interbank closing #ExchangeRate for today:https://t.co/VAXrf2RMMN pic.twitter.com/3PTvkTac4C
— SBP (@StateBank_Pak) November 19, 2021
It is pertinent to remember that the local currency closed at an all-time low of Rs175.73 against the greenback on November 12.
PM Shehbaz announces transport subsidy to offset fuel price hike
- 10 hours ago
Punjab ends motorcycle registration, transfer fees
- a day ago
Naval Chief reaffirms resolve to defend sovereign seas
- a day ago
Mets' Soto exits early, will have MRI on right calf
- 9 hours ago
796 militants killed, over 1,043 Injured in operation Ghazab-ul-Haq: Atta Tarar
- 5 hours ago
US arrests relatives of top Iranian commander assassinated in 2020 strike on Baghdad
- a day ago
Pakistan rejects claims regarding UAE deposits in SBP
- a day ago
I tested a living room full of cheap Ikea speakers against Sonos and Bose
- 21 hours ago
Ishaq Dar, Iranian Foreign Minister hold phone call on regional situation
- 12 hours ago
The latest Matter update improves camera streaming
- 21 hours ago
President and PM extend Easter greetings, emphasize unity and minority rights
- 12 hours ago
Christians in Pakistan, worldwide celebrate Easter with religious zeal
- 12 hours ago
