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.
You May Also Like
‘CPEC to bring benefits for both countries’: Chinese defense minister
On Monday, China’s defense minister General Wei Fenghe had a meeting with…
- Alina Hashmi
- September 19, 2022
SBP reserves swell after $700m injection by China
Karachi: Pakistan on Friday received a new $700 million loan from China…
- Alina Hashmi
- February 24, 2023
Flour Mills will resume operations on Feb 14: Reports
Lahore: Punjab Flour Mills Association (PFMA) announced calling off strike it had…
- Alina Hashmi
- February 14, 2023
Tesla has not signed a contract with Hertz yet: Elon Musk
On Nov 2, SpaceX owner and Tesla CEO Elon Musk, Tesla Inc’s…
- Alina Hashmi
- November 2, 2021