Pakistani rupee registers marginal gain against US dollar
Stay tuned with 24 News HD Android App
The Pakistani rupee registered a meagre increase against the US dollar in the interbank market on Monday, reported 24NewsHD TV channel.
According to the information received from money dealers, the local currency appreciated by 11 paisas against the greenback and was currently being traded at Rs279.25.
During the last week, the Pakistani rupee had declined marginally against the US dollar in the interbank losing eight paisas to settle at Rs279.36.
Interbank closing #ExchangeRate for today https://t.co/YPpMItAXT4#SBPExchangeRate pic.twitter.com/34gTh7i19e
— SBP (@StateBank_Pak) February 16, 2024
During the week ended on Feb 9, 2024, SBP’s reserves increased by $13 million to reach $8.057 billion up from $8.044 billion. However, net foreign reserves held by commercial banks surged by $39 million to $5.093 billion end of last week compared to $5.054 billion a week earlier.
Total liquid foreign #reserves held by the country stood at US$ 13.15 billion as of February 09, 2024. For details https://t.co/WpSgomnd3v#SBPReserves pic.twitter.com/oun2W2DUMJ
— SBP (@StateBank_Pak) February 16, 2024
Reporter Ashraf Khan