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US Dollar dives 6.2pc against Rupee in International Market

Farhan Abro July 30, 2018

1 minute read

Surprising day for Pakistan as US Dollar dives down at Rs. 121.57 against Pakistani Rupee approximately 6.2% in a day.

Earlier we reported InterBank US Dollar rate continues to decline and In open Market Dollar nose dived at closing hour on monday.

Dollar dives 6.2pc against Rupee in International Market

Inflow from Saudia Arabia and China has offered 2$ billion loan to upcoming government for settlement purpose, this news made a huge impact on market on monday and as Pakistani Rupees fever started to drop against US Dollar, like never before.

PSX - 770+ change with current exchange at 43556.6 — PSX – 770+ change with current exchange at 43556.6

Meanwhile PSX ( 100 Index ) closed with 770+ change with current exchange at 43556.6 The confidence in market is visible since General Elections results and expecting to improve further as PTI to forms a new government in Federal, KPK and Punjab on August 11.

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Farhan Abro July 30, 2018

1 minute read

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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