KARACHI – Pakistani rupee fell 0.60 percent against the US dollar on Tuesday, days after continuing its upward momentum despite the delay in the release of funds from the International Monetary Fund (IMF).
The local currency closed at 261.50, with a decrease of Rs1.58, against the greenback.
Interbank closing #ExchangeRate for todayhttps://t.co/eSIynQ6OJ6 pic.twitter.com/TFfaNXEDvs
— SBP (@StateBank_Pak) February 28, 2023
On Monday, the Pakistani rupee registered its fourth successive gain, settling at 259.92 after an appreciation of 0.03 percent against the high-flying dollar.
In a recent development, the State Bank of Pakistan has convened an emergency meeting of the Monetary Policy Committee (MPC) on March 2 to address the emerging risks.
Today s currency exchange rates in Pakistan – Dollar, Euro, Pound, Riyal rates on February 28, 2023
