The series of increases in the dollar’s value and the decline of the Pakistani rupee continues. The dollar has become more expensive by an additional 1.99 rupees, reaching a value of 293.50 rupees.
After a short while in the interbank market, the dollar became more expensive by 1.99 rupees, reaching a value of 293.50 rupees.
On the previous day, the interbank market had closed at 291.51 rupees to the dollar. On the other hand, there is a positive trend in the stock exchange; Pakistan Stock Exchange’s 100-index reached 48,565 points.
President of the Association of Pakistan Forex Companies, Malik Muhammad Baostan, has stated that the stalled revenue containers have now been cleared, which is also a reason for the increase in the dollar’s value. Tough decisions will have to be made to improve the economy.
