USD to PKR: Rupee remains under pressure against dollar in interbank

KARACHI – Pakistani rupee remains under pressure against the US dollar in the inter-bank market on the first working day of the week.

During the early hours of trading on Monday, the local currency suffered a slight decline against the greenback, moving down by 0.05 percent. PKR was being traded at 278.05, with a loss of Rs0.15.

Last week, the embattled rupee registered considerable gain against US dollar in light of a Stand-By Arrangement (SBA) with the International Monetary Fund (IMF).

Pakistani rupee settled at 277.9 in the interbank while in the open market, it hovered between 279 and 282.

Today s currency exchange rates in Pakistan – Dollar, Euro, Pound, Riyal rates on July 10, 2023

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