Karachi: On Wednesday, the Pakistani rupee recovered partially and closed at 201.52 against the US dollar in the interbank market. According to data released by the State Bank of Pakistan (SBP), the local currency progressed Rs1.31, or 0.64%, against the greenback. AA Commodities Director, Adnan Agar, stated that the market sentiment was negative due to uncertainty regarding the persistent financial crisis.

Leave a Reply

Your email address will not be published.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

You May Also Like

Amazon to cut 9,000 more jobs

It emerged that Amazon, the world’s largest online retailer, would lay off…

US cuts WHO funding by 25 %

Brussels/Geneva: It emerged on Tuesday, US financial contributions to the World Health…

10th meeting of JCC to review CPEC situation

The 10th meeting of JCC will be called on 16th July to…

Oil industry foresees petrol and diesel shortage: OGRA

Karachi: The oil industry communicated to the government about an expected petrol…