Karachi, September 3, 2024 — The Pakistani rupee continued its downward trend, depreciating by another 6 paisas against the US dollar on Tuesday. It closed at PKR 278.60 in the interbank foreign exchange market, down from PKR 278.64 the previous day. This marks the second consecutive decline in the rupee’s value.
(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.
