Tag: Exchange Rate Fluctuations
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Pakistani rupee declines by 48 paisa, closing at Rs280.57 against US dollar
In the financial markets this week, the Pakistani rupee (PKR) experienced a depreciation of 1.78 rupees against the US dollar, closing the week’s trade at PKR 280.57.
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US dollar hits six-month low against Pakistani currency
The Pakistani rupee (PKR) has been on an upward trajectory, with the US dollar (USD) experiencing its lowest value in six months. This development follows a concerted effort to combat dollar smuggling, resulting in a decrease of Rs5.50 in interbank trading this week. The greenback concluded the week at Rs282.69.