Advertisement

Rupee turns stronger against US dollar in inter-bank market

Dollar to PKR: 1 USD to Pakistan Rupee, 5 June 2020
Advertisement

The the United States (US) dollar has registered decline against Pakistani rupees in the interbank as well as the open market.

According to the forex updates, the value of rupee inclined by Rs 0.42 against US dollar in the interbank market at the start of day’s trading.

In the interbank market the US is being traded at around 158.75 PKR.

Similarly, the US dollars also depreciated by Re 1 in the open market and currently trading at 159.50 PKR.
Advertisement

Earlier in April, Pakistani currency increased by Rs 2.5 to rate of Rs 158.5 against the US dollar in the interbank market on Wednesday today.

The price of the US dollar decreases due to the massive decrease in oil prices in the global market.

The buying rate of US dollars in Pakistani rupees is Rs 158.5 whereas the selling rate is 161.

Pakistani currency had increased by Rs 2.37 to rate of Rs 161 against the US dollar in the interbank market on Tuesday.

Also read: Oil Prices plunged below zero for the first time in history

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
BTC TO USD – Today’s Bitcoin price in Dollar on November 01, 2025
Silver rates in Pakistan today
Petrol price rises by Rs2.43 to Rs265.45 per litre
India’s gold market flips to discount as post-festival demand cools
Petrol, diesel prices likely to go up slightly from Nov 1
Bangladesh considers setting up tax ombudsman on lines of Pakistan’s FTO
Next Article
Exit mobile version