Karachi, June 10, 2024 – The Pakistani Rupee fell by 17 paisas against the US dollar on Monday, driven by a surge in demand for import payments. The rupee closed at PKR 278.37 per dollar in the interbank foreign exchange market, compared to last Friday’s closing of PKR 278.20.

PkRevenue.com – The Pakistani Rupee is anticipated to maintain its stability against the US dollar in the upcoming week beginning June 10, 2024.

In a positive turn for the Pakistani economy, the rupee on Friday regained 19 paisas against the US dollar, closing at PKR 278.20 from the previous day’s PKR 278.39 in the interbank foreign exchange market. This appreciation was primarily driven by inflows from export receipts and remittances.

PkRevenue.com – The Pakistani Rupee weakened by 9 paisas against the US dollar on Thursday, reflecting increased demand for the foreign currency due to rising foreign payments.