Thursday, February 23, 2023

The dollar became cheaper in the inter-bank market





The US dollar continues to depreciate against the Pakistani currency.

According to the report, the dollar is depreciating against the rupee in the interbank market.


The US dollar depreciated by 97 paisa to Rs 260 93 paisa at the close of business on Thursday.


In the interbank market yesterday, the dollar was 261 rupees 90 paise.


On the other hand, in the open currency market, the dollar became expensive by one rupee to 270 rupees, after which the difference in the price of the dollar in the inter-bank and open market increased to 9 rupees.


According to currency dealers, smuggling and black marketing of dollars has resumed, putting pressure on the value of the rupee.


The maximum value of the US dollar in the interbank market has been over Rs 271.


 

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