Aaj TV News

BR100 4,381 Decreased By ▼ -20 (-0.46%)
BR30 16,863 Decreased By ▼ -630 (-3.6%)
KSE100 43,233 Decreased By ▼ -1 (-0%)
KSE30 16,718 Increased By ▲ 20 (0.12%)
COVID-19 TOTAL DAILY
CASES 1,286,453 431
DEATHS 28,761 8
Sindh 476,494 Cases
Punjab 443,379 Cases
Balochistan 33,491 Cases
Islamabad 107,848 Cases
KP 180,254 Cases

Dollar in Pakistan reaches to one-year high despite higher foreign exchange reserves.

Pakistani rupee depreciated Rs0.48 against the US dollar in the inter-bank market on Wednesday and closed at Rs166.87.

According to the State Bank of Pakistan (SBP), the local currency had closed at Rs166.39 against the greenback on Tuesday.

With the latest drop, the rupee has depreciated almost 9% since hitting a recent high of Rs152.28 against the US dollar on May 7, 2021.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent at 92.73.