The rupee continued to recover against the US Dollar on Tuesday.
Tuesday witnessed the 11th consecutive recovery session of the local currency as it gained Rs1.04 against the greenback in the interbank trading.
The US Dollar closed at Rs 294.90 against the previous day’s closing of Rs 295.94.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the US dollar in the open market stood at Rs 295.6 and Rs 298.5 respectively.
The rates of other foreign currencies also showed a downward trend.
According to the State Bank of Pakistan (SBP):
Euro decreased by 34 paisa to close at Rs315.28 against the last day’s closing of Rs 315.62
Japanese Yen also came down by 1 paisa to close at Rs 1.99.
The British Pound after a decrease of Rs 1.09, traded at Rs365.32 as compared to the last closing of Rs366.41.
Meanwhile, the Emirates Dirham and the Saudi Riyal declined by 28 and 27 paisa to close at Rs 80.29 and Rs 78.62 respectively.
TECNO, Pakistan’s No 1 selling smartphone brand, just launched its much-awaited series of the year…
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has opposed the privatisation of loss-making national carrier…
Netflix's much-anticipated series Heeramandi has finally arrived on the OTT platform. The series is Sanjay…
The government has ordered to blocking of mobile phone SIMs of over 500000 non-filers of…
The International Cricket Council (ICC) on Wednesday released the latest T20 rankings. The rankings reveal…
Ryan Reynolds penned a touching tribute to friend Michael J Fox who was named as…
OyeYeah is an entertainment project powered by Alliancez Inc. We’re motivated to digging up fresh, authentic news. Oye Yeah does not work on rumors! We have all sourced news because we believe in bringing our readers the best. We have a vision and we’re striving hard to achieve it day in, day out!
Read More
