News

US dollar suffers loss against Pakistani rupee

January 7, 2022 11:26 AM


The US dollar on the last day of the trading week suffered a loss of 25 paisas despite a cautious start against the Pakistani rupee in the interbank trading on Friday, reported 24NewsHD TV channel.

According to the State Bank of Pakistan (SBP), the US dollar closed the day at Rs176.67 in interbank trading after losing 25 paisas in value.

The SBP said there was 0.14 percent appreciation in the value of the Pakistani rupee.

https://twitter.com/StateBank_Pak/status/1479395773683052547

It may be mentioned here that the money market is also in a fix awaiting International Monetary Fund’s (IMF) decision on whether to revive the loan programme for Pakistan in its board meeting on January 12.



Most Read

  1. Foreigners safe after suicide-bomber targets their van in Karachi Foreigners safe after suicide-bomber targets their van in Karachi
  2. LHC orders steel mill demolition over pollution LHC orders steel mill demolition over pollution
  3. Solar panel rate sinks massively in Lahore Solar panel rate sinks massively in Lahore
  4. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  5. Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath
  6. Iran shoots down several drones as Israel ‘launches’ attacks Iran shoots down several drones as Israel ‘launches’ attacks

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer