Due to continuous depreciation of the dollar across the country, there has been a rapid increase in the value of the rupee, with a slight decline observed on the fifth day of the business week.
According to the details, the value of the rupee is gradually improving in interbank transactions, with a decrease in the value of the US dollar, while further increase is observed in the open market.
According to the figures released on the social media account of the State Bank of Pakistan, the exchange rate of the US dollar against the rupee witnessed an increase of 59 paisas in interbank transactions.
Due to the continuous depreciation of the dollar across the country, there has been a rapid increase in the value of the rupee, with a slight decline observed on the fifth day of the business week.
According to the details, the value of the rupee is gradually improving in interbank transactions, with a decrease in the value of the US dollar, while further increase is observed in the open market.
According to the figures released on the social media account of the State Bank of Pakistan, the exchange rate of the US dollar against the rupee witnessed an increase of 59 paisas in interbank transactions.
During the last day of the current business week, the interbank exchange rate for the US dollar closed at 285 rupees and 15 paisas. It should be noted that at the end of the previous business day, the interbank rate for the dollar was 285 rupees and 74 paisas.
On the other hand, the open market is experiencing a rise in the value of the dollar, reaching a historic high of 313 rupees with an additional increase of one rupee in the open market.