The high flight of the Pakistani rupee cut against the dollar.
The Pakistani rupee has declined after further gains. According to the State Bank of Pakistan, the dollar has become cheaper by 15 paise in the inter-bank exchange. The dollar fell by 15 paise to close at 277.64, while the US dollar remained stable at 279.57 in the open market.
Rate of PKR to USD
In Pakistan, on 14 October 2024, the dollar is worth 277.64. Regarding other currencies, the Euro closed at Rs 304.67 with a decrease of 43 paise in the open market. The UAE dirham fell by 5 paise to 76.01 The Saudi riyal fell by 1 paise to Rs. 74.17.
On the other hand, there was a positive end to the business in the Pakistan Stock Exchange. 100 index closed with a gain of 30 points and the index ended at 85 thousand 483 level. 24 crore shares worth Rs 26 billion were traded.
PKR to USD: The increase in the value of the PKR and the decrease in the value of the USD continue in the interbank market.
According to details, after the approval of the IMF loan program, the potential components of multi-liter and bi-liter funds have increased and the value of the Pakistani rupee has increased in the global market.
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