On the first business day of the trading week, interbank trade saw a 15 paisa increase for the US dollar against the Pakistani Rupee.
The new value of the US dollar was Rs 278.35. On Friday, the US dollar closed at Rs278.20. Investors are anticipating the Central Bank of Pakistan’s new monetary policy.
According to a joint statement from the two nations, China and Pakistan have decided to increase mining cooperation and encourage the execution of a treaty on enhancing mining development and industrial collaboration.
In an effort to strengthen collaboration under the multibillion dollar China-Pakistan Economic Corridor (CPEC), a vital component of Beijing’s Belt and Road Initiative, Pakistani Prime Minister Shehbaz Sharif traveled to Beijing from June 4–8.