InterBank US Dollar rate continues to decline

Farhan Abro July 30, 2018

Less than a minute

As business day started US Dollar continues to decline against Pakistani Rupee on Monday, Inter Bank Dollar Rate dropped Rs.5 against PKR.

According to Sources, Inter bank Rate: Buy 120.50 and Sell 122.50 mid-day, today also Pakistan Stock Exchange seen 725+ KSE 100 Index change with current Index 42089.16 restoring confidence in market.

PSX - KSE 100 Index - Monday (Mid day) — PSX – KSE 100 Index – Monday (Mid day)

Currency Exchange President says, “change was expected after elections as market showed confidence in PTI’s mandate, However current situation is because of upcoming Eid-Ul-Adha, people want to strengthen the rupee against dollar, It might get stable somewhere around Rs.125/-. “

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share