On Tuesday, the Pakistani rupee (PKR) gained 68 paise against the US dollar in the interbank market. Analysts indicated this change to expected inflows of $1.5 billion after Pakistan signed a loan agreement with the ADB. The State Bank of Pakistan said the local currency closed at Rs219.73 per dollar, an appreciation of 68 paise or 0.31 per cent over yesterday’s close of Rs220.41.

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan Stock Exchange’s benchmark index crosses 51,000 mark

Pakistan Stock Exchange (PSX) reached another milestone on Monday as the benchmark…

US cuts WHO funding by 25 %

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

Rupee gains value against dollar

Karachi: The Pakistani rupee continued to strengthen against the US dollar for…

Karakoram Highway cleared of landslides

After three days of closure due to landslides, Gilgit-Baltistan’s Karakoram Highway was…