pic from google

The Pakistani rupee fell 84 paisas against the dollar. Currency dealers said that the reason for this fall is excessive demand for foreign currency as the market remained closed ahead of the Eid holidays. They also mentioned that the demand for dollars increased after the Eid holidays as foreign sellers received a lot of imports. 

Leave a Reply

Your email address will not be published.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

You May Also Like

Work on Pakistan-Iran gas pipeline initiated: Minister

Caretaker Federal Minister for Energy, Power and Petroleum Muhammad Ali said that…

PKR to become top-performing currency this month: Bloomberg

The Pakistani rupee was on track to become the top performer globally…

RLNG cargoes arrive in Pakistan, easing gas crisis

In a recent development, multiple cargoes of Regasified Liquefied Natural Gas (RLNG)…

Pakistan signs free trade deal with GCC

Pakistan and Gulf Cooperation Council (GCC) “initialized” a free trade agreement, the…