Connect with us

Hi, what are you looking for?

Economy

Dollar hits Rs160 in inter-bank trade

The rupee depreciated by 70 paisa as the dollar was being quoted at Rs160.
Avatar photo

Published

The US dollar continued to move upwards against the rupee on Friday, hitting Rs160 in the interbank market for the first time since February.

The rupee depreciated by 70 paisa as the dollar was being quoted at Rs160/160.10 at 10:50am compared to yesterday’s closing value of Rs159.30, with trades reported at 160.05.

According to Asad Rizvi, the chief executive officer of Currency Market Associates, big banks were buying US dollars.

In this article:,
Avatar photo
Written By

Media person and communication expert for over 25 years. Worked with Dow Jones News, World Bank, CNBC Pakistan, Aaj TV, ARY TV, Abbtakk TV, Business Recorder, Pakistan Observer, Online News Network, TTI Magazine and other local and world Publications.

Entertainment

Viewership for “The Great Indian Kapil Show” on Netflix is dwindling

Data from Netflix indicates that “The Great Indian Kapil Show,” a prominent program on the platform, is witnessing a decline in viewership after airing...

6 days ago

Entertainment

ASP Shehrbano’s Lavish Wedding Celebration Starts with a Bang

Wedding Celebration The wedding ceremonies of renowned police officer ASP Shehrbano Naqvi are currently underway, with the grand procession set to depart from Mandi...

April 25, 2024

Latest Updates

Shahzaib Rind Shares Salman Khan’s Reaction After Victory Over Indian Opponent

When Shahzeb Rind stepped into the spotlight against his Indian counterpart at Dubai’s Karate Combat 45, an unexpected guest graced the audience with his...

7 days ago

Art & Culture

Women Artists Awards organized at Sambara Art Gallery

KARACHI: The afternoon of 20th April was selected to honor those women artists who need to be promoted for their dedication to Art. The...

April 23, 2024