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Reading: The US dollar is still rising versus the Pakistani rupee.
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Baner Club > Blog > Ecnomics > The US dollar is still rising versus the Pakistani rupee.
EcnomicsPakistan

The US dollar is still rising versus the Pakistani rupee.

The interbank currency exchange rate for US dollars is Rs278.60.

Last updated: 2024/08/22 at 7:55 PM
Published August 22, 2024
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On Thursday, the US dollar’s value increased by eight paisas on the interbank market, continuing its upward trend. With this increase, the interbank exchange rate for the dollar is Rs278.60.

The US dollar increased in value versus the Pakistani rupee by 11 paisas on Wednesday, reaching Rs278.45.

The International Monetary Fund (IMF) approved a much-anticipated $7 billion rescue plan for Pakistan, but it was again delayed, which contributed to the US dollar’s climb in value.

Sources claim that the most recent IMF Executive Board meeting schedule, which was made public till August 30, did not include Pakistan’s name.

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admin August 22, 2024 August 22, 2024
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