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Your email address will not be published.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

Egypt’s El Sisi rules out currency devaluation

President Abdel Fattah El Sisi ruled out another devaluation of Egypt’s embattled…

Qatar says it cannot unilaterally fulfill Europe’s energy needs

It emerged on Tuesday that Qatar, one of the world’s top natural…

EU’s Laptop Imports Hit All-Time High

ISTANBUL, Oct 23 (AA/APP): The European Union’s laptop imports reached an all-time…