After beginning trading at 278 on the interbank market, the Pakistani rupee (PKR) finished the day in the green for the third consecutive day. PKR strengthens against the United States dollar as of today.
As the day progressed, it remained stable and ended in the green against the greenback. Throughout today’s session, it reported gains against the majority of the other major currencies.
Throughout the majority of the day, the interbank rate remained at 278/$, and it ultimately settled at the 277 level. Rates on the open market across several different currency counters stayed unchanged in the range of 278 to 280 today.
The Pakistani Rupee (PKR) reached a closing value of 277.75, which is slightly higher than the closing value of the US Dollar on Friday.
The new SBP guidelines limit Shariah board members to a single Islamic bank.
There has been a 0.21 percent increase in the value of the rupee so far in the current state of the fiscal year.
In today’s interbank market, the Pakistani rupee (PKR) was trading at a gain against the majority of the other major currencies. With respect to the Saudi Riyal (SAR) and the United Arab Emirates Dirham (AED), it remained steady.
During this time, the value increased by ten paisas in comparison to the Canadian Dollar (CAD). Within the context of today’s interbank currency market. It experienced a gain of 14 paisas in relation to the Australian Dollar (AUD), Rs. 1.07 in relation to the Euro (EUR), and 54 paisas in relation to the British Pound (GBP).
For more updates visit Pakistan Updates