Friday, September 20, 2024

Pakistani Rupee Gains Massively Over Rs. 10 Against Dollar in Interbank, Here’s Latest Rate

The value of the dollar has decreased by 11 rupees in the interbank market, and it is currently trading at 274.98 rupees. After the IMF agreement, the dollar experienced a reversal gear, becoming 11 rupees cheaper.

According to details, as a result of the IMF agreement, where yesterday there was an upward trend in the Pakistan stock market, the value of the dollar also decreased. Today, the dollar has become even cheaper in the interbank market, with a decrease of 11 rupees and 1 paisa.

It is trading at 274.98 rupees in the interbank market. It should be noted that in the open market, the dollar was 5 rupees cheaper yesterday, with an exchange rate of 285 rupees.

Economic expert Abid Sulehri stated that there will be an improvement in the value of the rupee as a result of the IMF agreement, and the confidence of investors has been restored through the IMF agreement.

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