USA dollar rose Rs4.4 to Rs166 in interbank market


ISLAMABAD: The value of the United States dollar against the rupee rose Rs4.4 to Rs166 in the interbank market on Thursday at 1:31pm. A day earlier, the dollar touched Rs161.6 agai­nst the rupee from Rs159 on close of business on Tuesday, according to the ready rates provided by the State Bank of Pakistan.

The SBP’s latest data had revealed that outflow of investment from T-bills in the first 20 days of March rose to $1.614 billion, which took the net foreign holdings in government papers down to $1.461bn from the peak of $3.4bn.

After staying calm for almost half a year, the currency market started witnessing volatility from March 9 when rupee lost Rs3.65 in a single day.

You May Also Like


ICC T20 CWC must not be sidelined: Inzamam

LAHORE: Former skipper Inzamam-ul-Haq believes the


KP speaker inaugurates four Open-Air-Gyms in Abbottabad

ABBOTTABAD: Speaker Khyber Pakhtunkhwa Assembly


PM directs to ensure strict implementation of SOPs to curtail COVID19 spread during Eid-ul-Azha

ISLAMABAD: Prime Minister Imran Khan has directed to ensure strict