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Rupee falls against US Dollar at Interbank on Monday

KARACHI: Pakistani Rupee continues to fall against United States Dollar by 80 paisas in early trade hours at the Interbank foreign exchange market on Monday.

Rupee falls against US Dollar at Interbank on Monday

The US Dollar is being traded at Rs 176.26 at the opening of the Interbank market, however, the exchange rate was closed at 175.46 on Friday.

USD to PKR – Dollar Rate in Pakistan – 26 November 2021

The devaluation of the Pakistani Rupee directly affected the imports, vehicles, and in commodity prices, according to financial experts, the decline in Pakistani Rupee against US Dollar is because of International Monetary Funds (IMF) Program delay.

Further trajectory indicates that Pakistani Rupee will continue to fall against US Dollar in the coming days.

Read More: Gold Rate in Pakistan Today – 29 November 2021

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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

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