KARACHI: After the agreement between the IMF and Pakistan, the value of the dollar continues to decrease in the interbank and open market, today the interbank rate of the dollar decreased by Rs.
The agreement with the International Monetary Fund has started to have a positive impact on the Pakistani rupee, after which the dollar fell by 10 rupees 55 paisa in the interbank market today, after which the interbank price of the dollar came to 275.44.
In addition to the interbank market, the value of the dollar is also continuously falling in the open market, where the price of the dollar decreased by 5 rupees to 280 rupees. In the open market, the buying price of the dollar was 277.50 while the selling price was 280 rupees.
Apart from the dollar, the value of the euro, pound, dirham and riyal also decreased in the open market, according to which the price of the riyal decreased by 3.70 rupees.
And the riyal became 71.70 rupees. The price of dirham decreased by 6.30 rupees, after which 72. 70 is trading at Rs. Similarly, the price of the pound has decreased by 13 rupees and is trading at 355 rupees. Euro fell by Rs 8, and is trading at 305.
According to Chairman Exchange Association of Pakistan Malik Bustan, dollar selling trend is increasing due to stabilization of rupee after IMF agreement. .
