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Your email address will not be published.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

Chinese Smartphone Maker Vivo to Enter Six European Markets

GUANGZHOU, Oct 22 (Xinhua/APP): Chinese smartphone manufacturer Vivo has announced to launch…

Dollar market under control, stability has returned: Miftah

On Thursday, Finance Minister Miftah Ismail said the dollar market was now…

UAE-India non-oil trade to top $50bn this year: Al Zeyoudi

It emerged that non-oil trade between the UAE and India was expected…

Microsoft & Alaska Airlines Team Up for Alternative Jet Fuel

Washington, Oct 22 (AFP/APP): Microsoft and Alaska Airlines announced a partnership Thursday…