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.
Trump’s new mass deportation target
- 18 hours ago
Field Marshal Asim Munir reviews POF’s production potential
- a day ago
Nobody wants this trade war with Canada
- 2 days ago
One of the Supreme Court’s worst ideas could save the midterms from Trump
- 9 hours ago
Iranian president says foreign trade down 35% due to sanctions and blockade
- a day ago
Hockey World Cup: Pakistan secure 11th place after thrashing South Africa
- a day ago
The lifesaving case for CPR dummies with breasts
- 18 hours ago
Rain frustrates England's bid for Pakistan series win
- a day ago
37 years on, PIA flight PK-404 mystery remains unsolved
- a day ago
How Zohran Mamdani ended up in a fight over Hindu nationalism
- 9 hours ago
A sad country song about Texas could become the biggest hit ever
- 18 hours ago
PM approves suspension of eight officials over PIMS tragedy
- a day ago
