web analytics
30.9 C
Karachi
Saturday, November 9, 2024
- Advertisement -

Rupee slides against US dollar in interbank

TOP NEWS

Web Desk
Web Desk
News Stories Posted by ARY News Digital Team

KARACHI: The Pakistani rupee experienced slight depreciation against the US dollar, weakening by 0.15% in the interbank market on Wednesday.

According to the State Bank of Pakistan (SBP), the rupee settled at 279.88, marking a decrease of Re0.45 n the interbank market.

In the open market, the PKR was being sold at Rs281.50 against the greenback.

Read more: US dollar sheds Rs 5.07 in week against Pakistani rupee

It’s noteworthy that the Pakistani rupee had enjoyed a remarkable 28-session streak of positive performance, one of the lengthiest appreciations in recent times.

It had cumulatively strengthened by 10.93% since its record low of 307.1 in the interbank market on September 5.

- Advertisement -
- Advertisement -
 

Trending

POLL

With inflation coming down, is Pakistan's economy on the path to full recovery?

- Advertisement -
 

MORE STORIES