Rupee Appreciates By 9.91 Against US Dollar

[Imran Khan]

Rupee Appreciates By 9.91 Against US Dollar​

Abdullah Hussain (@Abdulla99267510) Published March 03, 2023 | 12:00 PM

The local currency has gained value after assurance of Finance Minister Ishaq Dar about IMF deal.

​

KARACHI: (UrduPoint/UrduPoint / Pakistan Point News-March 3rd, 2023) After assurance of Finance Minister Ishaq Dar about the IMF deal, the Pakistan rupee started gaining ground against the US Dollar in the interbank market.
The rupee appreciated by Rs9.91 in the interbank market during the intraday trade and was changing hands at 275.18 against the greenback.
Exchange Companies Association of Pakistan (ECAP) also confirmed the development.

The market started gaining hope on Finance Minister Ishaq Dar's assurances of striking a deal with the International Monetary Fund (IMF) next week.
The rupee yesterday went down by nearly Rs19 against the US dollar owing to the central bank's monetary policy review and concerns over a stalled IMF deal.
The rupee closed at 285.09 against the dollar in the interbank market as per the State Bank of Pakistan (SBP), down from Wednesday's close of Rs266.11.

Rupee Appreciates By 9.91 Against US Dollar - UrduPoint

The local currency has gained value after assurance of Finance Minister Ishaq Dar about IMF deal.

www.urdupoint.com

 

[Skull and Bones]

Nice.

 

[Imran Khan]

dollar price went down 10.9pkr now trading 275 in market .

 

[AlKardai]

Another excellent play from PDM

 

[fisher1]

I hope it doesn’t reach 300.

 

[Imran Khan]

I hope it doesn’t reach 300.

history saying otherwise sir .

yes it can go back to 100 or even less . only if we reform our country . if we make daily now LAWs based on logic not emotions . if we have 1000000 reforms . it will be back to 1-1 even .with 1800 laws one can not expect anything positive . Customs Act, 1969 will not give you results in 2023 .

 

[kmc_chacko]

what steps GoP/Reserve bank of Pakistan/Judiciary/Citizen/Opposition parties are taking to contain PKR ?

 

[maithil]

This can not be explained by competence ( or, the lack of it).

 

[Imran Khan]

what steps GoP/Reserve bank of Pakistan/Judiciary/Citizen/Opposition parties are taking to contain PKR ?

they are very busy to do things right

islamabad doing this

bureaucracy id doing this

military is doing this

judges

 

[Skimming]

Rupee appreciation happened so many times, can't say whether it's breaking news or old thread bumped up.

 

[Areesh]

what steps GoP/Reserve bank of Pakistan/Judiciary/Citizen/Opposition parties are taking to contain PKR ?

They are releasing doctored audios/videos of their political opponents and judges that they don't like

 

[Imran Khan]

Rupee appreciation happened so many times, can't say whether it's breaking news or old thread bumped up.

Daily go up down

 

[AZ1]

some elite got rich in billions i guess yesterday

 

[villageidiot]

BC kabhi up, kabhi down. Consistently devalued bhi ho to aur baat he. No semblance of stability.

 

[kmc_chacko]

they are very busy to do things right

islamabad doing this

bureaucracy id doing this

military is doing this

judges

One good thing India had in 1991 was everyone onboard during those reforms, which presently Pakistan lacking.

when will they realize the threat ?

PS : can’t admin merge all PKR vs Dollar threads to single thread

They are releasing doctored audios/videos of their political opponents and judges that they don't like

is that's a priority now ?