Karachi: Contrary to the prevailing trend during the week, the Pakistani currency earned 0.19% against the US dollar on the last trading day of the week. The local currency settled at Rs177.50 against the greenback compared to its last close of Rs177.83 against the US currency a day earlier. After posting a fresh increase of 0.19%, the Pakistani rupee has depreciated by 12.66% (or Rs19.96) since the start of the current fiscal year on July 1, 2021, data released by the central bank revealed.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

PSX soars more than 800 points

Karachi: The Pakistan Stock Exchange (PSX) soared during Wednesday’s intraday trade. Its…

Pakistan, Uzbekistan vow to take bilateral trade to $2bln

Pakistan and Uzbekistan on Wednesday vowed to take the volume of bilateral…

Meta cuts jobs to sink more money into the metaverse

On Nov 9, Meta Platforms Inc (META.O) said that it would cut…

G7 aim to have price control on Russian oil

Brussels: On July 27, the Group of Seven richest economies aims to…