Karachi, April 8, 2025 – The Pakistani rupee lost 16 paisas against the US dollar on Tuesday, closing at PKR 280.73 in the interbank foreign exchange market compared to the previous day’s rate of PKR 280.57. This latest dip was primarily driven by a heightened demand for the greenback, largely fueled by payments for import and corporate needs.
(more…)Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.

