The Pakistani currency continued to recover against the US dollar in the interbank market on Wednesday.
The rupee gained 24 paisas against the greenback to settle at Rs175.48.
A day earlier, the rupee closed at Rs175.72 against the US currency after news regarding the Saudi package Pakistan expects to receive in the next few days.
Interbank closing #ExchangeRate for today:https://t.co/xz84zP3awD pic.twitter.com/3JmTzuURxH
— SBP (@StateBank_Pak) December 1, 2021
The rupee has maintained the downtrend for the past six months. It has lost 15.24% (or Rs23.21) to date, compared to the 22-month high of Rs152.27 recorded on May 14.
According to the central bank, wth a fresh increase of 0.14%, the rupee has depreciated by 11.38% (or Rs17.94) since the start of the current fiscal year on July 1, 2021.
Security forces kill 11 terrorists in Kharan, Washuk: ISPR
- 14 گھنٹے قبل
CD sales are booming as physical media continues its resurgence
- ایک دن قبل
Brent crude rises above $100 a barrel as Middle East conflict escalates
- 14 گھنٹے قبل
Data centers can’t win on Earth. How about in space?
- 13 گھنٹے قبل
The Jewish Democrats trying to get to “yes” on Abdul El-Sayed
- 13 گھنٹے قبل
Apple debuts passport-shaped foldable phone, called Duo
- 5 گھنٹے قبل
The unusually muted Tesla Cybercab launch
- 15 گھنٹے قبل
Data centers are bringing Americans together
- ایک دن قبل
Google is sending MrBeast into the wilderness, armed with AI
- ایک دن قبل
Huawei copies Samsung’s privacy display in its latest trifold
- ایک دن قبل
Eight Muslim countries welcome UK ban on goods from illegal Israeli settlements
- 5 گھنٹے قبل
Thieves steal Renoir paintings from French Riviera museum
- 14 گھنٹے قبل
