Karachi: US dollar on the fifth day of the trading week continued to decline against Pakistani Rupee (PKR) in the interbank market.
According to the data released by the State Bank of Pakistan, the dollar depreciated by 36 paisas in the interbank market. Whereas, according to Forex dealers the US dollar fell from Rs158.46 to close at Rs158.10 in the interbank market.
Interbank closing #ExchangeRate for today: https://t.co/AL8jPxMzfF pic.twitter.com/eLgW3zcqk2
— SBP (@StateBank_Pak) February 26, 2021
On the other hand, the buying rate of the US dollar in the open market was Rs158.1 while its selling rate was Rs158.7 on February 26.
“Positive sentiment prevailed due to increased inflows from expatriate Pakistanis in Roshan Digital Account (RDA) Scheme. We expect the rupee could gain more in days ahead and will touch the Rs158/dollar level soon,” he added.
In the last five months since RDA was launched, more than 92,000 accounts have been opened by overseas Pakistanis living in 97 countries.
Light showers expected in Karachi over next three days
- 7 hours ago
Singer Sara Altaf rises to stardom with back-to-back hits
- 6 hours ago
YouTube makes earning easier for users with new monetization features
- 10 hours ago
Arshad Nadeem qualifies for World Athletics Championship Javelin Final
- 10 hours ago
E-challan system to go live in Karachi from October 1
- 9 hours ago
Asia Cup 2025: UAE elects to field first against Pakistan in match 10
- 7 hours ago
200,000 tons of hoarded wheat seized across Punjab
- 6 hours ago
WhatsApp tests new threaded replies to organize group chats
- 4 hours ago
Match referee apologized, ICC inquiry underway for Sept 14 match: Mohsin Naqvi
- 7 hours ago
Pakistan set 147-run target for UAE in Asia Cup clash
- 5 hours ago
Iraqi authorities issue new guidelines for pilgrims visiting holy sites
- 9 hours ago
Six killed in gas explosion at residential building in Iran
- 9 hours ago
