Pakistani rupee gains against US dollar

KARACHI – The Pakistani rupee registered a marginal gain against the US dollar in the early hours of trading in the inter-bank market on Friday.

The rupee was being quoted at 260.4, an increase of Re0.53, against the US dollar during intra-day trading.

The rupee had registered its second successive gain on Thursday, settling at 260.93 after an appreciation of 0.37% against the greenback.

In a key development, foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $66 million to $3.26 billion, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $8.73 billion. Net foreign reserves held by commercial banks stood at $5.47 billion.

Today s currency exchange rates in Pakistan – Dollar, Euro, Pound, Riyal rates on February 24, 2023

More from this category

Advertisment

Advertisment

Follow us on Facebook

Search