PKR snaps losing streak, recovers by Rs2.49 in interbank
Last updated on: 28 October,2021 03:06 pm
The greenback closed at Rs172.78
KARACHI (Dunya News) – The exchange rate of US Dollar weakened by Rs2.49 in the interbank on Wednesday against Pakistani rupee. The greenback closed at Rs172.78 on third business day of the week compared to previous closing of Rs175.27.
Snapping the losing streak, the domestic unit finally managed to recover some lost ground following the announcement of the Saudi government to provide financial support of $4.2 billion to Pakistan to help ease pressure on trade and increase foreign currency reserves.
— SBP (@StateBank_Pak) October 27, 2021