News

US dollar reels as Pakistani rupee soars by 66 paisas

October 29, 2021 02:21 PM


Twitter Share Facebook Share WhatsApp Share

The US dollar took another hit on Friday as it lost 66 paisas in value against the Pakistani rupee in the inter-bank trading, reported 24NewsHD TV channel.

After the fresh setback, the US dollar was now being traded at Rs171.60.

After digesting Rs2.49 rise in its value on Wednesday, the Pakistani rupee had increased by 68 more paisas on Thursday.

The US dollar which has constantly been showing an upward trend for the past several days has come down crashing in the last few days following news of a loan package from Saudi Arabia.

It appears that the Pakistan currency has somewhat been resuscitated by the announcement made by Saudi Arabia regarding parking of $3 billion in the State Bank of Pakistan. 

 

Reporter Habib Khan



Most Read

  1. Solar panel rate sinks massively in Lahore Solar panel rate sinks massively in Lahore
  2. LHC orders steel mill demolition over pollution LHC orders steel mill demolition over pollution
  3. Foreigners safe after suicide-bomber targets their van in Karachi Foreigners safe after suicide-bomber targets their van in Karachi
  4. 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
  5. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  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