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.
Pakistan can help bridge differences between the US and China, pak ambassador
- 16 hours ago
Pindi Test: South Africa beat Pakistan by 8 wickets,series level by 1-1
- 12 hours ago
Pakistan, Egypt discuss regional security, defense cooperation
- 3 hours ago
Trump’s $230 million cash grab, briefly explained
- 18 hours ago
Miankina amin’ny ranomasina izy ireo mba hivelomany. Saingy ankehitriny, miharava ny aina velona ao an-dranomasina.
- 9 hours ago
Pakistan,Poland agree to boost trade, strengthen bilateral ties
- 7 hours ago
US criticizes Israeli for move to annex occupied West Bank
- 3 hours ago
The leaked Young Republican group chat points toward a bigger problem
- 18 hours ago
Federal cabinet approves ban on religious political party TLP
- 6 hours ago
Jumada-al-Awwal moon sighted
- an hour ago
PCB announced White-ball squads named for South Africa and tri-nation series
- 15 hours ago
Trump imposed Ukraine-related sanctions on Russia over the war
- 15 hours ago
