US dollar rate in Pakistan up by Re0.21 to Rs279.57 on Feb 20

US dollar rate in Pakistan up by Re0.21 to Rs279.57 on Feb 20

US dollar rate in Pakistan up by Re0.21 to Rs279.57 on Feb 20

US dollar rate in Pakistan up by Re0.21 to Rs279.57 on Feb 20

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KARACHI: The US dollar rate in Pakistan marginally strengthened by Re0.21 (21 paisa) to Rs279.57 against the Pakistani rupee in the interbank market on Tuesday (Feb 20).

On Monday, the rupee remained unchanged to settle at 279.36 against the US dollar, according to the SBP.

Internationally, the US dollar was at a three-month high against the yen on Tuesday as sticky US inflation bolstered the case for higher-for-longer interest rates.

The greenback last bought 150.25 yen , having already surpassed the psychological 150 per dollar level for six straight sessions and prompting warnings from Japanese officials in a bid to stabilise the currency.

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