i NEWS PAKISTAN

Pakistani Rupee strengthens against US dollarBreaking

March 18, 2024

The Pakistani Rupee has shown a slight but steady appreciation against the US Dollar in the inter-bank market. On Monday, the local currency strengthened by 14 paisas, settling at 278.60 as reported by the State Bank of Pakistan (SBP). This is a slight increase from the previous rate of 278.74. The Rupee maintained stability against the Dollar on Friday, appreciating by 0.01%. By the end of the day, the local currency was valued at 278.74, an increase of Re0.03. On Thursday, the Rupee also showed a marginal improvement, settling at 278.77 against the Dollar. This trend of appreciation is a positive sign for the Pakistani economy, indicating stability and growth. It is important to note that these figures are subject to change based on various economic factors.

Credit: Independent News Pakistan (INP)