USD to PKR rate in Pakistan down by 79 paise to Rs277.62 on Oct 16

KARACHI: The US dollar rate in Pakistan went cheaper by Re 0.79 (79 paise) and settled at Rs276.83 from Rs277.62 in interbank on Monday, the State Bank said.

Interbank closing #ExchangeRate for todayhttps://t.co/ibl1yWdtfI#SBPExchangeRate pic.twitter.com/gUNSFzqWwg

— SBP (@StateBank_Pak) October 16, 2023

The Pakistani rupee continued its winning spree against the US dollar as it gained another 0.29% in the inter-bank market on Monday. This is the rupee’s 28th successive appreciation against the greenback.

During the previous week, the rupee extended its winning streak gaining 1.79% during the five sessions to close at 277.62 against the US dollar in the inter-bank market.