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US dollar rises against Pakistani Rupee in interbank market

Figures suggest a relatively stable trend
Published 11 Dec, 2024 11:13am
The South Asian country only has enough to cover import payments for 40 days. AFP/File
The South Asian country only has enough to cover import payments for 40 days. AFP/File

The US dollar increased by 10 paisas in the interbank market, now trading at Rs278.15.

On December 11, Dollar marks a slight uptick in its value amid minor fluctuations observed over the past six months.

The average exchange rate during this period has been Rs278.44 per dollar, with the highest recorded rate reaching Rs279.40 in late June 2024 and the lowest at Rs277.43 in late September 2024.

These figures suggest a relatively stable trend, although influenced by various economic and geopolitical factors.

Read more

Rupee increases against dollar in interbank

Rupee gains 11 pasie against dollar in interbank

Rupee gains eight paise against dollar

Currency dealers report that while the dollar’s rise is modest, ongoing market dynamics continue to affect the exchange rate between the US dollar and the Pakistani rupee.

US dollar rate

Rupee dollar rate

US dollar vs Rupee

pakistani rupee