Economy- In a surprise, significant increase in the price of US Dollar against Pakistani Rupee
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In comparison to the Pakistani Rupee, the value of the US Dollar increased on the second day.According to currency dealers, during business hours, the US Dollar has become one Rupee and 2 paisas more expensive in the interbank market, reaching 278 rupees and 5 paisas.
It's worth noting that just the previous day, after a continuous decrease of 28 days, there was an increase of One Rupee and 20 paisa in the value of the Dollar in the interbank market.
Yesterday, at the start of the business, there was a decrease of 83 paisas in the value of the Dollar in the interbank market, which brought the Dollar to 276 rupees. However, after that, the trend of the Dollar's value dropping came to a halt.
On the other hand, in the open market, the Dollar became 50 paisas more expensive, reaching 277 rupees and 50 paisas. It's clear that in Pakistan, the value of the US Dollar had exceeded 307 rupees in the interbank market and 330 rupees in the open market. In the interbank market, the Dollar has become a total of 30 rupees and 30 paisas cheaper in the past 5 weeks.
