Connect with us

Hi, what are you looking for?

Business

Rupee Gains Against Us Dollar In Interbank Exchange

rupee gains against us dollar in interbank exchange

The rupee gained value against the US dollar at the start of the day in interbank trading. The greenback traded at Rs185.53.

The Indian rupee strengthened in the interbank by Rs0.9 and the US dollar traded at Rs186.50. In open market, the US dollar traded at Rs185.53.

On Tuesday, the Pakistani rupee continued its upward trajectory against the US dollar after it witnessed a jump of 0.52 paisa on the interbank.

According to forex dealers, the US dollar is trading at Rs186.57 today. In the open market, the greenback was trading at over Rs186 against the Pakistani rupee.

The rupee increased against the dollar for the first time in a month on Sunday after Finance Minister Miftah Ismail agreed with International Monetary Fund’s (IMF) recommendations to reduce fuel subsidies.

Miftah Ismail held a meeting with the executive directors of the International Monetary Fund to try and revive the Extended Fund Facility Program.

Sources say that the finance minister hinted to carry forward the IMF program and agreed to curb subsidies on the fuel and electricity phase-wise.

Petroleum division proposes Rs35 per litre hike in POL prices
rizwanrkiff@gmail.com'
Written By

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Education

We are going to share Wafaq ul Madaris Annual Exams Result 2022, which will be available here on our site. The Waqaf ul Madaris...

Blog

ehsaas tracking pass gov pk has launched a Tracking Feature at Ehsaas 8171 Web Portal, an online portal for Ehsaas Beneficiaries to check eligibility status and CNIC number...

Gaming

In this article I will share to Buy PUBG UC in Pakistan through MidasBuy Easypaisa & JazzCash account. Please follow the instructions and get...

Guides

IESCO stands for Islamabad Electric Supply Company.IESCO is a subsidiary company of WAPDA. It had been created on April 25, 1998, when WAPDA’s electricity...