Wednesday, December 25, 2024

Uncontrolled Pakistani Rupee Shoots to Rs. 236 Against US Dollar in Interbank

The US dollar continue to shoot against rupee and witnessed an increase of Rs 1.68 during the interbank trade in the morning.

According to the data being shared by FAP (Forex Association of Pakistan) showed that the rupee was trading at Rs 236/ dollar after falling 0.71%.

However, Rupee closed at Rs 234.32/dollar yesterday.

While, according to the General Secretary of Exchange Companies Association of Pakistan Zafar Pracha, the friendly countries had promised to lend money and haven’t done it till yet because of it a pressure is increasing on rupee.

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