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Pakistani Rupee rises against US Dollar

by Ali Gulrez
Jul 2, 2020
in Business, National
0

ISLAMABAD: Pakistani Rupee has strengthened against the US Dollar in the interbank market after the closing rate was announced at Rs. 166.88 according to the State Bank of Pakistan (SBP).

Pakistani Rupee US Dollar
Pakistani Rupee rises against US Dollar.

Earlier this week, Pakistani rupee fell to an all time low with the US dollar rising to Rs. 168.18 which was the first time in the history of the country.

Read more: Pakistan rupee falls, US dollar rises to all time high of Rs. 168.18.

Interbank closing #ExchangeRate for today: https://t.co/yQMFlkqUDl pic.twitter.com/PDjhjQw2xR

— SBP (@StateBank_Pak) July 2, 2020

The Pakistani Rupee has been very unstable and has significantly fell during recent days since the economy is suffering due to the impact from the coronavirus pandemic.

In other news, Pakistan Stock Exchange was target of a terrorist attack recently but the security forces were able to thwart the attack and operations continued in the PSX normally.

Read more: Social media reacts to PUBG ban in Pakistan.

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: Exchange RateFeaturedPakistani rupeeSBPState Bank of PakistanUS dollar
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